SPDR ETFs Named Most Recognized ETF Brand for Fourth Consecutive Year
April 29 2011 - 11:37AM
Business Wire
State Street Global Advisors (SSgA), the asset management
business of State Street Corporation (NYSE: STT), today announced
that SPDR® ETFs received its fourth consecutive award for the Most
Recognized ETF Brand in the Americas at the 7th Annual Global ETF
Awards Dinner held recently in New York.
In addition to Most Recognized ETF Brand, State Street Global
Advisors was co-presented with its third annual Most Informative
ETF Website in the Americas award for SPDRs.com, which features
data and research on exchange traded funds and the markets and
links to SPDR University, a free online educational center designed
to meet investment advisors’ demand for high-quality thought
leadership. State Street Global Advisors also received awards
for:
- ETP with the most assets raised (in
absolute growth) in the Americas – SPDR Gold Shares (GLD); and
- The most liquid ETF in the Americas –
SPDR S&P 500® ETF (SPY).
“It is particularly rewarding to see our educational resources,
which underscore our commitment to helping all investors become
better ETF investors, receive recognition from our peers,” said
Gary MacDonald, global head of SPDR ETF Marketing at State Street
Global Advisors. “As SPDR ETFs continue to fundamentally change the
way investors and their advisors build and manage portfolios,
providing the tools and resources that help a wide range of
investors understand, evaluate, and use ETFs is critical to the
future of the industry, as not all ETFs are created equally.”
Based on votes cast by ETF industry professionals worldwide, the
Global ETF Awards were created in 2005 by exchangtradedfunds.com to
recognize those who have contributed to the development of the
industry.
State Street manages $260* billion in SPDR ETF assets worldwide
(as of March 31, 2011) and is one of the largest ETF providers in
the US and globally.
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs are managed by
SSgA Funds Management, Inc., a registered investment adviser and
wholly owned subsidiary of State Street Bank and Trust Company. The
funds provide professional investors with the flexibility to select
investments that are precisely aligned to their investment
strategy. Recognized as the industry pioneer, State Street created
the first ETF in 1993 (SPDR S&P 500® – Ticker SPY). Since then,
we’ve sustained our place as an industry innovator through the
introduction of many ground-breaking products, including
first-to-market launches with gold, international real estate,
international fixed income and sector ETFs. For more information,
visit www.spdrs.com.
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors
worldwide for its disciplined investment process, powerful global
investment platform and access to every major asset class,
capitalization range and style. SSgA is the asset management
business of State Street, one of the world’s leading providers of
financial services to institutional investors.
*This AUM includes the assets of the SPDR Gold Trust (approx.
$56 billion as of March 31, 2011), for which State Street Global
Markets, LLC, an affiliate of State Street Global Advisors serves
as the marketing agent.
ETFs trade like stocks, are subject to investment risk,
fluctuate in market value and may trade at prices above or below
the ETFs net asset value. Brokerage commissions and ETF expenses
will reduce returns.
The SPDR Gold Trust ("GLD") has filed a registration statement
(including a prospectus) with the Securities and Exchange
Commission ("SEC") for the offering to which this communication
relates. Before you invest, you should read the prospectus in that
registration statement and other documents GLD has filed with the
SEC for more complete information about GLD and this offering. You
may get these documents for free by visiting EDGAR on the SEC
website at www.sec.gov or by visiting www.spdrgoldshares.com.
Alternatively, the Trust or any authorized participant will arrange
to send you the prospectus if you request it by calling
1-866-320-4053.
SPDR is a registered trademark of Standard & Poor Financial
Services LLC (S&P) and has been licensed for use by State
Street Corporation. No financial product offered by State Street
Corporation or its affiliates is sponsored, endorsed, sold or
promoted by S&P or its affiliates, and S&P and its
affiliates make no representation, warranty or condition regarding
the advisability of buying, selling or holding units/shares in such
products. Further limitations and important information that could
affect investors rights are described in the prospectus for the
applicable product.
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. ALPS Distributors, Inc., a
registered broker-dealer, is distributor for SPDR shares, MidCap
SPDRs and Dow Jones Industrial Average, all unit investment trusts
and Select Sector SPDRs.
Before investing, consider the funds investment objectives,
risks, charges and expenses. To obtain a prospectus or summary
prospectus which contains this and other information, call
1-866-787-2257 or visit www.spdrs.com. Read it
carefully.
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