State Street Global Advisor announced that it has lowered the management fees on 41 SPDR exchange-traded funds (ETFs), including those investing in a wide range of international and domestic asset classes, effective immediately.
State Street launches smart-beta SPDRs for Mexico, Korea and Taiwan
September 19, 2014 by
These ETFs, which add to the existing nine multi-factor SPDR MSCI Quality Mix ETFs launched in June 2014, purport to provide quality, value and low volatility, with the objective of giving investors improved risk-adjusted return potential when investing in single-country markets. They began trading on the NYSE Arca on September 18.
