SPDR OZR ETF (ASX:OZR)
The SPDR OZR ETF invests in resources companies from within the ASX 200 and aims to track the S&P/ASX 200 Resources Index.
What does the OZR invest in?
The SPDR OZR ETF invests in the Australian resources sector, including blue chip companies like RIO, BHP, FMG and WPL. You could buy all of these companies yourself using a share brokerage account, but ETFs can be an effective way to invest in an entire sector through a single trade.
What do investors use OZR for?
The SPDR OZR ETF could be used by investors looking to invest in the Australian resources sector. These companies are likely to grow their profits over time and pay regular tax-effective dividends to their shareholders.
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