Products November 15, 2005

SSgA Unveils Nine ETFs

November 15, 2005 (PLANSPONSOR.com) - State Street Global Advisors (SSgA), has launched nine new exchange-traded funds (ETFs).
Reported by

A news release said that the latest offerings include the SPDR Dividend ETF as well as eight under the streetTRACKS name, which include three Keefe, Bruyette and Woods financial industry sub-sector ETFs and five style-based ETFs tracking Dow Jones Wilshire indices, according to the announcement.

The funds include:

  • SPDR Dividend ETF
  • streetTRACKS KBW Bank ETF  
  • streetTRACKS KBW Capital Markets ETF  
  • streetTRACKS KBW Insurance ETF   
  • streetTRACKS DJ Wilshire Large Cap ETF
  • streetTRACKS   DJ Wilshire Mid Cap ETF   
  • streetTRACKS DJ Wilshire Mid Cap Growth ETF   
  • streetTRACKS DJ Wilshire Mid Cap Value ETF  
  • streetTRACKS DJ Wilshire Small Cap ETF.         

The SPDR Dividend ETF tracks the S&P High Yield Dividend Aristocrats Index, which includes the 50 highest-yielding S&P Composite 1500 constituents that have increased their dividends every year over the past 25 years.

SSgA’s new sub-sector ETFs are based on indices tracked by Keefe, Bruyette & Woods. The streetTRACKS KBW ETFs track the bank, capital markets and insurance subsets of KBW’s financial industry index.

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