Please find attached a press release about the launch of three new Australian SPDR Exchange Traded Funds by State Street Global Advisors (SSgA), the biggest provider of ETFs in the Australian market.The new ETFs, expected to be launched next month (April 2011), will focus on two of the fastest-growing sectors of the local market – financials ex-REITS and resources – while the third will offer exposure to less mature, small capitalisation companies with the potential for higher growth and returns.
Jim Ross, senior managing director of SSgA and Global Head of SPDR ETFs said: “Australia is an extremely competitive and sophisticated market which has supported SSgA’s products since we launched the first ETF here – the SPDR S&P/ASX 200 – in 2001. SSgA is determined to retain leadership in Australia with a strong suite of ETF products which meet the portfolio needs of retail and institutional customers.”
| Attachment | Size |
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| SPDRs to expand in Australia.pdf | 192.54 KB |
