Spider

Special index fund, as the special fund set up and managed by a capital management company, which copies an index. Here in particular the Standard & Poor’s Depositary Receipts (SPDR) formed the basis in 1993. Because of the abbreviation SPDR, these securities were called spiders.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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