About SP Funds S&P Global REIT Sharia ETF (SPRE)
SP Funds S&P Global REIT Sharia ETF (SPRE) is an investment fund profile on SNDUK. This page explains SP Funds S&P Global REIT Sharia ETF (SPRE) performance, key fund facts, and investment strategy for investors comparing funds in United States.
SP Funds S&P Global REIT Sharia ETF (SPRE) is managed by Tidal Investments LLC. Fund type: etfs. Fund code: SPRE. Assets under management: 204510000. Minimum investment: وثيقة واحدة. Inception date: 12/29/2020.
SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that provides investors with exposure to global Sharia-compliant REITs through investments in Real Estate Investment Trusts (REITs) listed in developed and emerging markets.
The fund aims to track the performance of the S&P Global All Equity REIT Shariah Capped Index before fees and expenses, while applying Sharia-compliance criteria that include the nature of business activities and certain financial ratios related to debt, liquidity, and non-compliant income.
The fund employs passive management aimed at tracking the benchmark index, while investing at least 80% of its total assets under normal circumstances in the global Sharia-compliant REITs that comprise the index.
Although SPRE provides diversification within the REIT sector, it is not a diversified fund across different sectors of the economy, as its investments are concentrated in the real estate sector, which may result in greater volatility compared to funds that invest across a broader range of sectors.
SPRE aims to distribute net investment income, if any, at least monthly, while net realized capital gains are distributed at least annually. Distributions are paid in cash, with the possibility of automatically reinvesting them in additional shares if this option is available through the broker. The amount and timing of distributions may vary from period to period.
SP Funds S&P Global REIT Sharia ETF (SPRE) fund details
SP Funds S&P Global REIT Sharia ETF (SPRE) is managed by Tidal Investments LLC. The asset manager oversees portfolio decisions and fund operations for SP Funds S&P Global REIT Sharia ETF (SPRE).
SP Funds S&P Global REIT Sharia ETF (SPRE) is classified as a etfs fund, which shapes its risk profile and investment universe.
Investors can identify SP Funds S&P Global REIT Sharia ETF (SPRE) in market data using fund code SPRE.
SP Funds S&P Global REIT Sharia ETF (SPRE) reports assets under management of 204510000.
The minimum investment amount to participate in SP Funds S&P Global REIT Sharia ETF (SPRE) is وثيقة واحدة.
SP Funds S&P Global REIT Sharia ETF (SPRE) was launched on 12/29/2020, giving investors a track record to evaluate long-term performance.
SP Funds S&P Global REIT Sharia ETF (SPRE) performance summary
Return over 1 week: -3.0729%. Return over 1 month: -3.2054%. Return over 3 months: +0.0246%. Return over 6 months: +0.693%. Return over 1 year: +5.9883%. Return over since inception: +3.7435%.
Use this SNDUK fund page to review SP Funds S&P Global REIT Sharia ETF (SPRE) returns, manager details, and strategy before investing.
SNDUK publishes SP Funds S&P Global REIT Sharia ETF (SPRE) data to help investors compare investment funds in United States with transparent performance and fund information.