Product & Service Launches 

State Street Investment debuts suite of ETFs; Vestwell announces multilingual savings platform; and Xtracker launches diversified ETF.

State Street Investment Debuts Suite of ETFs 

Asset management firm State Street Investment Management launched eleven Select Sector SPDR® Premium Income Funds. Each fund intends to offer investors protection against sector trends while enhancing the possibility for greater returns during volatility and drawdowns.  

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The funds will invest in several sectors, including: communication services, energy, finance, health care, real estate and technology.  

Vestwell Announces Multilingual Savings Platform 

Vestwell launched a multilingual savings platform that will offer retirement plan participants and sponsors engagement in 18 languages. The company said the platform is meant to reflect the current workforce and assist more workers by engaging in their preferred language.  

“Too often, language gets in the way of people taking the first step toward saving,” said Aaron Schumm, CEO of Vestwell, in a statement. “This launch is about removing that friction—giving every saver a clearer, more comfortable path to engage, participate, and build financial security over time. It’s one more step toward a system that works for everyone, not just a few.”  

Xtracker Launches Diversified ETF  

Xtrackers, a division of German asset management company DWS, launched Xtrackers S&P 500 Diversified Sector Weight ETF.  

The fund is available for trading on the NASDAQ. The ETF will seek investment results that track the performance of the S&P 500 Diversified Sector Weight Index. That index is designed to track the performance of the S&P 500 Index and is adjusted to account for underperformance in each sector.  

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