XLY - Consumer Discretionary Sector - Stock & Dividends

The Consumer Discretionary Select Sector SPDR Fund is an exchange-traded fund (ETF) that tracks the performance of the Consumer Discretionary Select Sector Index. The fund's investment strategy involves replicating the index, which means it invests at least 95% of its total assets in the securities that make up the index.

The index is comprised of companies that operate in the consumer discretionary sector, as classified by the Global Industry Classification Standard (GICS). This sector includes companies that provide non-essential goods and services, such as retail, entertainment, and leisure activities. The fund's portfolio is designed to mirror the performance of the index, providing investors with exposure to a broad range of consumer discretionary companies.

It's worth noting that the fund is non-diversified, which means it may invest a significant portion of its assets in a single security or a small number of securities. This approach can provide investors with targeted exposure to the consumer discretionary sector, but it may also increase the fund's risk profile.

The fund is listed on the NYSE Arca exchange under the ticker symbol XLY and is managed by State Street Global Advisors, a leading asset management firm. For more information about the fund, investors can visit the State Street Global Advisors website at http://www.spdrs.com.

The fund is domiciled in the United States, which means it is subject to U.S. securities laws and regulations. This provides investors with a high level of transparency and regulatory oversight, which can help to protect their interests.