Description
CoreShares Global Investments PCC - CoreShares S&P 500 Exchange Traded Fund is an exchange traded fund launched and managed by CoreShares ETF Managers Ltd. It invests in the public equity markets of the United States. The fund invests directly and also through Vanguard ETFs in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies, with market capitalization of US$ 5.3 billion or higher. The fund seeks to replicate the performance of the S&P 500 Index, by investing in the stocks of companies as per their weightings in the index. CoreShares Global Investments PCC - CoreShares S&P 500 Exchange Traded Fund was formed on May 9, 2016 and is domiciled in Mauritius.