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State Street Global Advisors launches new currency-hedged ETF on Xetra


State Street Global Advisors has launched a new currency-hedged ETF on Xetra and the Börse Frankfurt venue.

The SPDR S&P 500 EUR Hdg UCITS ETF gives investors the opportunity to participate in the performance of the S&P 500 index, which comprises the 500 largest listed companies in the USA.
The ETF uses a hedging strategy to minimise the exchange rate risk between the US dollar and the Euro.

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