Source bolsters US offering with S&P 500 ETF

The firm's latest fund, which has a 0.20% management fee, provides European investors broad access to the performance of large cap US equities. The index comprises 500 companies with a market capitalization greater than $3.5bn, which are listed on the NYSE or one of the Nasdaq exchanges. The ETF is released as demand for US stocks is on the rise while concerns continue over the financial stability of certain countries in the single-currency eurozone. "The S&P 500 index is an important benchmark and a good compliment to our growing suite of US exposure which includes the S&P US Sele...