The Real Estate Sector SPDR Fund (XLRE)

The Real Estate Select Sector SPDR Fund (NYSE ARCA:XLRE) is an investment fund that focuses on the real estate sector. Under normal market conditions, it puts at least 95% of its assets into securities that make up a specific index. This index is made up of companies that are classified as real estate companies according to the Global Industry Classification Standard (GICS®).

The fund's investment strategy is designed to track the performance of the real estate sector, giving investors exposure to a broad range of companies involved in real estate development, property management, and other related activities. By investing in a diversified portfolio of real estate companies, the fund aims to provide investors with a way to tap into the growth potential of the real estate market.

It's worth noting that the fund is non-diversified, which means it may invest a significant portion of its assets in a smaller number of securities. This can increase the fund's risk profile, but it can also provide the potential for higher returns if the selected securities perform well.

The fund is managed by State Street Global Advisors, a leading asset management company with a long history of managing index-based funds. The fund's website, http://www.spdrs.com, provides more information on the fund's investment strategy, performance, and other details. The fund is domiciled in the United States, which means it is subject to US regulations and laws.