ETF News

Twonewetf

State Street said Wednesday morning two new international ETFs, based on S&P/Citigroup Global Equity Indices, will begin trading Thursday April 26. SPDR S&P International Small Cap ETF includes companies with market caps under $2 billion domiciled in developed countries outside the U.S. It will trade under the ticker (GWX) and carries a 0.60% expense ratio. SPDR S&P World ex-US ETF includes more than 5,000 companies domiciled in developed countries outside the U.S. including Canada. It will trade under the ticker (GWL) and carries a 0.35% expense ratio.


“The new SPDRs offer investors precise, low-cost access to developed international markets, including the first capitalization-weighted vehicle covering international small cap equities… these two new SPDRs are powerful additions for investors looking to build well-diversified portfolios,” the company said in a press release. This brings State Street’s ETF count to 53 — including 16 offering access to international and emerging markets.

————

<a href=”http://www.addthis.com/bookmark.php&#8221; onclick=”window.open(‘http://www.addthis.com/bookmark.php?pub=buzzpal&url=’+encodeURIComponent()+’&title=’+encodeURIComponent(), ‘addthis’, ‘scrollbars=yes,menubar=no,width=620,height=520,resizable=yes,toolbar=no,location=no,status=no’); return false;” title=”Bookmark using any bookmark manager!” target=”_blank”>AddThis Social Bookmark Button

MY OTHER WEB SITES:
MyOtherWebsites.com

SUBSCRIBE VIA EMAIL OR RSS:
Like my blog? Want to get automatic updates? Grab the RSS feed or enter your email address at the top right of my blog. It’s free and you can cancel at any time. Enjoy!

Advertisements