RLY ISSUER
SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) is the driving force behind the RLY ETF. Established with a focus on diversification, RLY invests at least 80% of its assets among exchange-traded products (ETPs) covering various primary asset classes, including inflation-protected securities, real estate, commodities, infrastructure, and natural resources. With a commitment to employing both quantitative models and qualitative analysis, the Adviser aims to optimize the Fund's allocation across these asset classes to achieve its investment objective of real returns above the rate of inflation over a market cycle.
RLY DIVIDEND
Although RLY primarily focuses on a diverse range of asset classes including inflation protected securities, real estate, commodities, infrastructure, and natural resources, it may still offer dividend distributions influenced by the underlying assets. These distributions typically reflect the dividend policies and performances of the constituent companies within the ETF's holdings. As RLY aims to provide real return above the rate of inflation over a market cycle, investors may consider its dividend distributions as a potential supplement to total returns alongside its broader investment objectives.
RLY TRACKING
Tracking a diverse range of assets across various primary asset classes is the primary objective of the RLY ETF (SPDR SSGA Multi-Asset Real Return ETF). Managed by SSGA Funds Management, Inc., RLY aims to invest at least 80% of its net assets among exchange-traded products (ETPs) providing exposure to inflation-protected securities, domestic and international real estate securities, commodities, publicly-traded infrastructure companies, and publicly-traded companies in natural resources and commodities businesses. The fund's allocation among these asset classes evolves over time based on the adviser's evaluation of expected returns and risks, leveraging proprietary quantitative models and fundamental qualitative factors. RLY's strategy offers investors a comprehensive approach to accessing a diversified mix of global assets with the aim of achieving real returns above the rate of inflation over market cycles.
RLY CORRELATION
The correlation aspect of the Spider Dow Jones Global Real Estate ETF (RLY) provides insights into its relationship with global real estate markets. As RLY tracks the Dow Jones Global Select Real Estate Securities Index, its correlation with the global real estate sector is significant, making it a valuable tool for investors seeking exposure to this asset class.
RLY SECTOR
The RLY ETF focuses on a diverse range of sectors to provide exposure to various primary asset classes. These include inflation-protected securities issued by governments, both domestic and foreign, as well as real estate securities, commodities, and infrastructure companies. Additionally, the ETF invests in publicly-traded companies engaged in natural resources and commodities businesses, such as agriculture, energy, and metals and mining. This broad allocation allows investors to access opportunities across different sectors, aiming to achieve real returns above the rate of inflation over a market cycle. The ETF's strategy involves utilizing proprietary quantitative models and fundamental qualitative factors to adjust allocations dynamically, reflecting the adviser's evolving expectations of returns and risks within each asset class.
RLY EXPOSURE
The SPDR SSGA Multi-Asset Real Return ETF (RLY) offers investors exposure to a diverse array of asset classes aimed at achieving real returns above the rate of inflation over market cycles. With at least 80% of its net assets allocated among various exchange-traded products (ETPs), RLY encompasses primary asset classes including inflation-protected securities, domestic and international real estate securities, commodities, publicly-traded infrastructure companies, and publicly-traded companies in natural resources and commodities businesses. This multifaceted approach provides investors with a broad spectrum of market exposures, spanning different sectors and regions, designed to capture opportunities across global markets.
6 min read
