Here’s a low-fee ETF that covers the globe

Article Excerpt

SPDR MSCI GLOBAL STOCK MARKET ETF $65.81 (New York symbol SPGM; TSINetwork ETF Rating: Aggressive; Market cap: $934.8 million) tracks the MSCI ACWI Index. Companies located in the U.S. are the largest component of the portfolio (66%), followed by Japan (5%), the U.K. (3%), Canada (3%), China (2%), France (2.4%), Switzerland (2%) and India (2%). Information technology companies form 25% of the portfolio, followed by Financials (17%), Industrials (12%), Consumer Discretionary (11%), Healthcare (10%), and Communication Services (8%). The ETF holds a sizeable portfolio of 2,730 stocks; the top 10 comprise 21% of its assets. They include Apple (3.2%), Nvidia (2.6%), Microsoft (3.7%), Amazon (2.0%), Alphabet (2.3%), and Broadcom (0.8%). Non-U.S. stocks include Taiwan Semiconductor, Novo Nordisk, SAP, Accenture and Toyota. The ETF started up in February 2012 and charges a very low MER of 0.09%. It has a large asset base and offers good liquidity with an average of $5.1 million in units trading daily. The fund pays a fluctuating bi-annual dividend, which totalled $1.26…