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SPGM MSCI Global Stock Market ETF - Just 1 Powerful ETF to Cover the World Markets
@koolgal:🌟🌟🌟If I can only invest in just 1 ETF to cover the global markets, it would be $SPDR Portfolio MSCI Global Stock Market ETF(SPGM)$ In just 1 trade, I gain access to the best and strongest companies globally. SPGM tracks the total returns of MSCI ACWI Index which covers 99% of Global Equities. The Top 10 holdings include Microsoft, Apple, Nvidia, Amazon, Meta Platforms, Google, TSMC, JP Morgan and Broadcom. The Top 10 holdings weightage is 17%. Total number of holdings is 2691. The expense ratio is a low 0.09%. Distributions are paid every 6 months. The current Distribution yield is 1.91%. US holdings take up 62% of SPGM followed by another 42 countries. These include Japan, UK, Canada, France, China, Switzerland, Taiwan, Germany, India, Australia, Brazil, Saudi Arabia, Singapore, Malaysia and many more. 6 members of the Magnificent 7 are in the Top 10 holdings. These companies have been the best performers especially in recent times due to the explosive growth in technological advances in AI. $Microsoft(MSFT)$ is one of the market leaders in AI due to its huge investment in Open AI which is responsible for the popular ChatGPT. $Apple(AAPL)$ is also into AI and will include features using AI into its latest iPhone models. $NVIDIA Corp(NVDA)$ is the leader in making specialised AI chips used in machine learning. All eyes will be on Nvidia next Wednesday when it reports its Q124 earnings. Analysts expect Nvidia to beat market expectations. Amazon is dominant in ECommerce and Cloud Computing. It is also into Digital Streaming and its investment in Anthropic will help to fastrack its AI growth. $Meta Platforms, Inc.(META)$ is a Social media giant with more than 3 billion active users daily. Its AI Chip Llamas will help Meta Platforms to join the AI race. Performance wise SPGM is up 1.57% in the past 5 days and 10.6% year todate. In 2023 SPGM has risen almost 20%. In the past 5 years SPGM has risen 56%. Wall Street Analysts are bullish on SPGM with a Buy rating, Target price of USD 70.38, an upside potential of 15%. I like SPGM as it offers great value for money and a wide geographical diversification from developed countries to emerging markets all nicely bundled into 1 ETF. SPGM also does the heavy lifting for me as it chooses the best global companies in different countries from the US, to Asia, Latin America and Europe. With SPGM, investing does not have to be complicated - Just 1 ETF and you have the best stocks in 1 go. @Daily_Discussion @TigerStars @MillionaireTiger @Tiger_comments @CaptainTiger
SPGM MSCI Global Stock Market ETF - Just 1 Powerful ETF to Cover the World MarketsDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.