State Street Global Advisors Announces Changes to US SPDR® ETF Lineup
June 30 2017 - 8:30AM
Business Wire
State Street Global Advisors (SSGA), the asset management
business of State Street Corporation (NYSE:STT), today announced
plans to close and liquidate the following exchange traded funds
based on an ongoing review of the SPDR ETF offering.
- SPDR Bloomberg Barclays 0-5 Year TIPS
ETF (SIPE);
- SPDR EURO STOXX 50® Currency Hedged ETF
(HFEZ);
- SPDR MSCI Australia StrategicFactorsSM
ETF (QAUS);
- SPDR MSCI Spain StrategicFactorsSM ETF
(QESP);
- SPDR S&P® Emerging Europe ETF
(GUR);
- SPDR S&P Emerging Latin America ETF
(GML);
- SPDR S&P Emerging Middle East &
Africa ETF (GAF);
- SPDR S&P International Consumer
Discretionary Sector ETF (IPD);
- SPDR S&P International Consumer
Staples Sector ETF (IPS);
- SPDR S&P International Dividend
Currency Hedged ETF (HDWX);
- SPDR S&P International Energy
Sector ETF (IPW);
- SPDR S&P International Financial
Sector ETF (IPF);
- SPDR S&P International Health Care
Sector ETF (IRY);
- SPDR S&P International Industrial
Sector ETF (IPN);
- SPDR S&P International Materials
Sector ETF (IRV);
- SPDR S&P International Technology
Sector ETF (IPK);
- SPDR S&P International
Telecommunications Sector ETF (IST);
- SPDR S&P International Utilities
Sector ETF (IPU);
- SPDR S&P Russia ETF (RBL).
The final day for creations will be July 24, 2017 with the
exception of GUR, GML and GAF, for which the final day for
creations will be July 21, 2017. Trading of all funds will be
suspended on the NYSE Arca at the open of market on July 25, 2017,
and proceeds of the liquidation are scheduled to be sent to
shareholders on or about August 1, 2017. For additional information
on the liquidation, shareholders of the funds can visit
www.spdrs.com.
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 Corporation. The funds
provide investors with the flexibility to select investments that
are precisely aligned to their investment strategy. Recognized as
an industry pioneer, State Street created the first US listed ETF
in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the
forefront of responsible innovation, as evidenced by 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
For nearly four decades, State Street Global Advisors has been
committed to helping financial professionals and those who rely on
them achieve their investment objectives. We partner with
institutions and financial professionals to help them reach their
goals through a rigorous, research-driven process spanning both
active and index disciplines. We take pride in working closely with
our clients to develop precise investment strategies, including our
pioneering family of SPDR ETFs. With trillions* in assets under
management, our scale and global footprint provide access to
markets and asset classes, and allow us to deliver expert insights
and investment solutions.
State Street Global Advisors is the investment management arm of
State Street Corporation.
*Assets under management were $2.56 trillion as of March 31,
2017. AUM reflects approx. $33.33 billion (as of March 31, 2017)
with respect to which State Street Global Advisors Funds
Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and
State Street Global Advisors are affiliated.
Important Risk Information:
Investing involves risk including the risk of loss of
principal.
The whole or any part of this work may not be reproduced, copied
or transmitted or any of its contents disclosed to third parties
without SSGA's express written consent.
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.
Standard & Poor’s, S&P and SPDR are registered
trademarks of Standard & Poor’s Financial Services LLC
(S&P); Dow Jones is a registered trademark of Dow Jones
Trademark Holdings LLC (Dow Jones); and these trademarks have been
licensed for use by S&P Dow Jones Indices LLC (SPDJI) and
sublicensed for certain purposes by State Street Corporation. State
Street Corporation’s financial products are not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates and third party licensors and none of such
parties make any representation regarding the advisability of
investing in such product(s) nor do they have any liability in
relation thereto, including for any errors, omissions, or
interruptions of any index.
Distributor: State Street Global Advisors Funds
Distributors, LLC, member FINRA, SIPC, an indirect 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.
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.
State Street Corporation, One Lincoln Street, Boston, MA
02111-2900.
© 2017 State Street Corporation - All Rights Reserved
Not FDIC Insured • No Bank Guarantee • May Lose Value
CORP-3078
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version on businesswire.com: http://www.businesswire.com/news/home/20170630005064/en/
State Street CorporationBrendan Paul, +1
617-662-2903BPaul2@StateStreet.com
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