SPDR S&P 500 ETF is an ETF that tracks the S&P 500 index
Over the 10-year period, the CAGR has been nearly 13 per cent
SPDR S&P 500 ETF is traded on major US Stock Exchanges
Launched in January 1993, SPDR S&P 500 ETF is the first ETF listed in the US
SPDR S&P 500 ETF tracks the S&P 500 Index representing all 500 stocks in the Index
The US stock market is the largest platform for several global companies to raise capital.
For investors the US market has several indexes across market capitalization.
Dow 30, Nasdaq-100, Nasdaq, S&P 500, Russell 2000 are 5 prime indexes.
S&P 500 is considered to be the top-most single indicator of large-cap US stocks.
Tracking the leading 5 US indexes for cashing on the opportunities is important.
Rules governing foreign exchange transactions come under RBI’s LRS
Remit foreign exchange only for current account/capital account/combination of both
Remit a higher amount than USD 2,50,000 by consolidating limits of family members
For capital account transactions clubbing of limit not permitted unless they are co-owners
Forex purchase needs to be made from an authorised dealer (AD)
The data is sourced from Trading Economics Inc. The data is approximate to the actual data of US markets and is not reflective of real time data of US market stock prices or other US prices. Investments in securities, derivatives, mutual fund investments, bond etc and trading in them is subject to market risks. Viewers who desire to invest are requested to read all related documents carefully, exercise discretion, to check actual exchange data, to take into consideration risk factors, their own financial condition, and to consult professional investment advisor (s) before entering into any transactions. The data should not be considered professional advice or advertisement or otherwise. IE Online Media Services Private Limited and financialexpress.com are not responsible for the data nor for reliance thereon for trading or otherwise.