State Street SPDR S&P 500 Fossil Fuel Reserves Free Etf

Business Description

This fund puts at least 80% of its money into stocks that make up a specific index, with the remainder going into other equities, cash, or short-term instruments. The index tracks S&P 500 companies that hold no fossil fuel reserves, making them "fossil fuel free." The fund is considered non-diversified, meaning it may hold larger positions in fewer companies than a typical fund.