State Street Global Advisors has launched eight new exchange-traded funds on Xetra.
May 18, 2011
State Street Global Advisors (SSgA) has launched eight new exchange-traded funds (ETFs) on Xetra, Mondovisione reports. The portfolio includes seven equity-index ETFs and one bond-index ETF.
The five new SPDR ETFs benchmarked against the MSCI Emerging Markets Index let investors participate in the performance of companies from emerging markets, while the SPDR MSCI Emerging Markets Small Cap ETF comprises small companies from emerging markets. Two further equity funds offer investors the chance to invest in the MSCI ACWI and the MSCI ACWI IMI indexes.