State Street Launches SPDR(R) University
May 19 2008 - 9:28AM
Business Wire
State Street Global Advisors (SSgA), the investment management arm
of State Street Corporation (NYSE: STT), today announced the launch
of SPDR� University (www.spdru.com), a new web site offering
proprietary research and educational materials on exchange-traded
products (ETPs), the markets, portfolio strategies, and practice
management for financial advisors, registered investment advisors,
and wealth managers. Featuring thought leadership from State Street
Global Advisors and independent third party experts, SPDR
University provides financial intermediaries with the opportunity
to earn Continuing Education (CE) credits, at no cost, to meet
requirements for both Certified Financial Planner (CFP) and
Certified Investment Management Analyst (CIMA) accreditation.
Educational materials designed for clients, and available for
distribution to non-investment professionals, are also available
through SPDR University. �SPDR University was created by working
closely with financial intermediaries seeking a central, trusted
resource for high quality investment research and educational
content,� said Gary MacDonald, vice president at State Street
Global Advisors. �Offering the opportunity to receive CE credits
while accessing a wealth of thought leadership on key trends and
developments in practice management, exchange traded products, and
the markets, SPDR University underscores State Street�s commitment
to providing innovative solutions to financial professionals.� In
addition to delivering ready-to-print client materials, SPDR
University offers research reports, whitepapers, multimedia
presentations, and live webcasts on a broad range of topics such
as: ETFs: Are They Right For You?; Best Practices For Discussing
Risk; Investing In China: A Growth Opportunity; Eight Principles
For Strategic Wealth Management; and Separating Alpha and Beta �As
the market for ETFs continues to grow, it is important for us as
the market pioneer to continue to deliver innovative solutions that
bring clarity to this evolving industry for financial
professionals,� MacDonald added. Having unveiled the original SPDR�
(based on the S&P 500� Index), the world�s first and largest
ETF in 1993, State Street manages $159 billion in ETF assets
worldwide as of March 31, 2008. For more information on SPDR
University, visit www.spdru.com. About State Street Global Advisors
State Street Global Advisors, the investment management arm of
State Street Corporation (NYSE: STT), delivers investment
strategies and integrated solutions to clients worldwide across
every asset class, investment approach and style. With $2 trillion
in assets under management at March 31, 2008, State Street Global
Advisors has investment centers in Boston, Hong Kong, London,
Montreal, Toronto, Munich, Paris, Singapore, Sydney, Tokyo and
Zurich, and offices in 27 cities worldwide. For more information,
visit State Street Global Advisors at www.ssga.com. ETFs trade like
stocks, are subject to investment risk and will fluctuate in market
value. The �SPDR� trademark is used under license from The
McGraw-Hill Companies, Inc. (�McGraw-Hill�). No financial product
offered by State Street Corporation or its affiliates is sponsored,
endorsed, sold or promoted by McGraw-Hill. S&P� and S&P
500� Index are trademarks of The McGraw-Hill Companies, Inc. and
have been licensed for use by State Street Bank and Trust Company.
Investors should consider the investment objectives, risks, charges
and expenses of the fund carefully before investing. A prospectus
which contains this and other information about the fund can be
obtained by calling 866.787.2257 or speaking to your financial
advisor. Read the prospectus carefully before investing.
Distributor: State Street Global Markets, LLC, member FINRA, SIPC,
a wholly owned subsidiary of State Street Corporation. References
to State Street may include State Street Corporation and its
affiliates. Certain State Street affiliates provide services and
receive fees from the SPDR ETFs. 10867-0509
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