One important difference between Select SPDRs and conventional mutual fund shares is that Select Sector SPDRs are available for purchase or sale intraday on NYSE Arca. As a result, Select Sector SPDRs may trade at a premium or discount to the Funds underlying Net Asset Value (”NAV”). The...
The Financial Select Sector SPDR® Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance...