Mr Goodlad said that State Street will continue to develop more ETF products, focussing on the traditional ETF model of transparency, simplicity and low-cost.
"It is fitting that we expand our Australian SPDR ETF offering and broaden our reach from the traditional institutional market which has been our mainstay to the Australian retail investor. ETFs give investors the ability to purchase a suite of stocks in a single transaction with simple reporting and have filled a much-needed gap in the market."
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| State Street ETF release banking and finance.pdf | 192.13 KB |
