SPA ETF
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| SPA ETFs | |
| Products | ETFs |
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| Website | www.spa-etf.com |
SPA ETFs is a specialist provider of Exchange Traded Funds. SPA's ETFs use the performance of stock indices created by MarketGrader, an independent research provider used by some of the world's leading investment houses.[1]
SPA recently began listing ETFs on the American Stock Exchange. They are designed to outperform the standard US market indices (S&P, Russell, etc…) during appreciating markets, and to minimize downside risk during declining markets.
History[edit]
- On 17 September, 2008 SPA ETF announced the signing of an agreement with NYSE Euronext and Portuguese bank Caixa - Banco de Investimento(CaixaBI), to list and distribute the first ever ETF in Portugal.