The trust, run by State Street Global Advisors SSgA, tracks the FTSE GWA index which comprises companies with strong fundamental financial data such as earnings, cash flow and book value. The index is a product created by the UK group Global Wealth Allocations and FTSE and covers 2,000 listed companies across 23 developed markets.
The trust set up by SSgA is the first to track the index and is also the first fund product of its kind to be launched...
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