State Street Global Advisors Announces Changes to SPDR ETF Lineup
January 26 2021 - 8:10PM
Business Wire
State Street Global Advisors, the asset management business of
State Street Corporation (NYSE: STT), today announced plans to
close and liquidate the following ETFs (the “Liquidating ETFs”)
based on an ongoing review of SPDR ETF offerings.
ETF Name
Ticker
SPDR Solactive Canada ETF
ZCAN
SPDR Solactive Germany ETF
ZDEU
SPDR Solactive United Kingdom ETF
ZGBR
SPDR Solactive Hong Kong ETF
ZHOK
SPDR Solactive Japan ETF
ZJPN
SPDR Dorsey Wright® Fixed Income
Allocation ETF
DWFI
SPDR EURO STOXX® Small Cap ETF
SMEZ
SPDR MFS Systematic Core Equity ETF
SYE
SPDR MFS Systematic Growth Equity ETF
SYG
SPDR MFS Systematic Value Equity ETF
SYV
The final day for creations and redemptions in each Liquidating
ETF will be March 17, 2021. Trading of all shares will be suspended
on each Liquidating ETF’s principal U.S. listing exchange at the
open of market on March 18, 20211. Each Liquidating ETF will cease
operations, liquidate its assets, and prepare to distribute
proceeds to shareholders of record on or about March 23, 2021 (the
“Liquidation Date”). Proceeds of the liquidation are scheduled to
be sent to shareholders remaining on the Liquidation Date on or
about March 24, 2021.
For additional information, shareholders can visit
www.ssga.com/etfs.
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs are sponsored
by affiliates of State Street Global Advisors. The funds provide
investors with the flexibility to select investments that are
aligned to their investment strategy. For more information, visit
www.ssga.com/etfs.
About State Street Global Advisors
For four decades, State Street Global Advisors has served the
world’s governments, institutions and financial advisors. With a
rigorous, risk-aware approach built on research, analysis and
market-tested experience, we build from a breadth of active and
index strategies to create cost-effective solutions. As stewards,
we help portfolio companies see that what is fair for people and
sustainable for the planet can deliver long-term performance. And,
as pioneers in index, ETF, and ESG investing, we are always
inventing new ways to invest. As a result, we have become the
world’s third-largest asset manager with US $3.47 trillion* under
our care.
*This figure is presented as of December 31, 2020 and includes
approximately $75.17 billion of assets with respect to SPDR
products for which State Street Global Advisors Funds Distributors,
LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
Important Information
Investing involves risk
including the risk of loss of principal.
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.
Distributor: State Street
Global Advisors Funds Distributors, 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.
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.
Not FDIC Insured • No Bank Guarantee • May Lose Value
3419652.1.1.AM.RTL Exp.1/31/22
_____________________________ 1 The principal U.S. listing
exchange for each Liquidating ETF other than DWFI is the NYSE Arca,
Inc. The principal U.S. listing exchange for DWFI is the NASDAQ
Stock Market LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20210126006146/en/
Deborah Heindel +1 617 662 9927 DHEINDEL@StateStreet.com
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