State Street® SPDR® S&P® Global Infrastructure ETF

What this fund is

State Street® SPDR® S&P® Global Infrastructure ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker GII (ISIN US78463X8552). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. Rather than a manager picking stocks, it simply replicates the S&P Global Infrastructure Index index — the passive, low-cost approach, and its largest holdings include AENA SME SA, TRANSURBAN GROUP and NEXTERA ENERGY INC.

It holds around 90 positions (the ten largest ≈ 38.3%), spreading risk so no single holding decides your outcome. By industry it concentrates most in ~36.3% Utilities and ~27.8% Industrials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.4% a year — about €40 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 11.3% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2007. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from SPDR.)