ETF Inflows On Pace To Exceed $100 Billion In 2011, According To State Street Global Advisors’ 2011 Mid Year ETF Outlook Re...
July 28 2011 - 9:00AM
Business Wire
State Street Global Advisors (SSgA)*, the asset management
business of State Street Corporation (NYSE: STT), today released a
new report titled, 2011 Mid Year SPDR® ETF Outlook, which
details the developments that shaped the Exchange Traded Fund (ETF)
industry’s growth during the first half of 2011 and offers insights
into the trends expected to drive asset flows through year-end.
Against a backdrop of historically low interest rates and global
economic uncertainty, US ETFs attracted an impressive $56.3 billion
in new inflows during the first six months of 2011, up from $37.3
billion during the first half of 2010. According to the report, ETF
investors increased their exposure to fixed-income, developed
international markets, and dividend strategies while shifting away
from emerging markets and small cap equities during this same
period of time.
“With demand for income and non-correlated assets on the rise, a
growing universe of professional and retail investors are using
ETFs to access precise sources of return and improve the
diversification of their portfolios,” said Kevin Quigg, global head
of the SPDR ETF Capital Markets Group at State Street Global
Advisors. “If flows remain on their current pace, 2011 will mark
the fifth consecutive year that ETFs attract more than $100 billion
in positive cash flows.”
Among the key themes highlighted in the 2011 Mid Year SPDR ETF
Outlook report are:
- Growth of ETF industry asset flows by
category;
- Increased investment in ETFs that
provide access to high dividend paying stocks; and
- Outlook for ETFs that track real assets
and non-US equities and bonds, as investors rethink asset
allocation.
For more information on these developments and others emerging
in the ETF industry, financial professionals can download a copy of
the 2011 Mid Year SPDR ETF Outlook report at SPDR University
(www.spdru.com), State Street’s award winning online educational
resource for investment professionals.
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.
*SPDR ETFs are managed by SSgA Funds Management, Inc., a
registered investment adviser and wholly owned subsidiary of State
Street Bank & Trust Company.
Important Risk Information:
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.
"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.
Diversification does not ensure profit or protect against
loss.
Before investing, consider the fundsinvestment 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.
CORP-0370
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