THESE ARE THE 50 TOP STOCK PICKS THAT BILLIONAIRES LOVE
SPDR S&P 500 ETF Trust – Assets In Management: $326.5 Billion
One might wonder about the allure of investing in a cheap index fund, but Castle Hook Partners want to take advantage of investments in the U.S stock market. It is possible that this decision borders on the understanding that the exchange-traded fund is one of the best ways to track statistical data of the most used benchmark for U.S. equities.
In addition to being a necessity for most retail investors, it is also cheap and can circumvent fees. This might explain why it has invested 52.5% of its portfolio in S&P 500 ETF Trust, which contrasts to its less than 1% percent investment in each of the equity assets.
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