State Street Global Advisors Announces Index Changes
July 08 2013 - 7:47PM
Business Wire
State Street Global Advisors (SSgA), the asset management
business of State Street Corporation (NYSE: STT), announced changes
to the indexes, names and tickers of three US equity SPDR ETFs. The
following changes are effective July 9, 2013:
Former ETF Name(former
ticker)
Former Index
New ETF Name (new
ticker)
New ETF Index Management
Fee
SPDR Dow JonesTotal Market ETF(TMW)
Dow Jones USTotal Stock MarketIndex
SPDR Russell 3000ETF (THRK)
Russell 3000 Index 10 bps
SPDR Dow JonesLarge Cap ETF(ELR)
Dow Jones USLarge Cap TotalStock Market
Index
SPDR Russell 1000ETF (ONEK)
Russell 1000 Index 10 bps
SPDR Dow JonesMid Cap ETF(EMM)
Dow Jones US MidCap Total StockMarket
Index
SPDR RussellSmall CapCompleteness
ETF(RSCO)
Russell Small CapCompletenessIndex
10 bps
The three SPDR ETFs will seek to track Russell Indexes that
provide comprehensive coverage of each underlying market segment.
Russell captures 72 percent of the market share for all US
institutional equity products reporting a benchmark.
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 Corporation, one of the world’s leading
providers of financial services to institutional investors.
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.
ETFs trade like stocks, 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.
Foreign investments involve greater risks than US
investments, including political and economic risks and the risk of
currency fluctuations, all of which may be magnified in emerging
markets.
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.
State Street CorporationElizabeth Bartlett, 617-662-2903
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