SPDR S&P/ASX Small Ordinaries ETF

The SPDR S&P/ASX Small Ordinaries ETF (SSO) is designed to give investors exposure to smaller Australian companies that are not part of the top 100 listed on the ASX. This ETF aims to track the performance of the S&P/ASX Small Ordinaries Index, which includes a diverse range of small-cap stocks. By investing in this ETF, you are essentially buying a piece of many smaller companies, which can offer growth potential as these businesses expand. The fund charges a management fee of 0.50% per year, which is deducted from the returns. This ETF is a way to diversify your investment portfolio by including smaller, potentially high-growth companies in Australia.