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State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM (State Street SPDR Portfolio MSCI Global Stock Market ETF) is an index Global Equity ETF by State. With a 0.09% MER, it provides diversified exposure through 10 holdings. Semi-annual distribution with a 1.80% yield.
SPGM by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.09% MER makes it one of the most cost-effective options in its category.
It is a popular choice as a core holding in long-term portfolios, whether in a TFSA, RRSP, or FHSA.