Fund Management

SSGA Launches 15 New SDPR Portfolio ETFs

Robbie Lawther Reporter October 17, 2017

SSGA Launches 15 New SDPR Portfolio ETFs

This launch comes a few weeks after the firm had restructured its SDPR teams across the US.

State Street Global Advisors (SSGA), the asset management business of State Street Corporation, has launched SPDR Portfolio exchange-traded funds, a suite of 15 ETFs that provide access to a wide range of equity and fixed income asset classes.

The launch of the SPDR Portfolio ETFs coincides with the launch of TD Ameritrade’s newly expanded ETF Market Center. The 15 SPDR portfolio ETFs will all be available to purchase ommission free on TD Ameritrade’s ETF Market Center, SSGA said in a statement.

Comprising 15 existing funds, including three that will track new indices, and with over $11 billion in existing assets under management, the SPDR Portfolio ETFs include: SPDR Portfolio Total Stock Market ETF, SPDR Portfolio Large Cap ETF, SPDR Portfolio Mid Cap ETF, SPDR Portfolio Small Cap ETF SPDR Portfolio S&P 500® Growth ETF, SPDR Portfolio S&P 500 Value ETF, SPDR Portfolio S&P 500 High Dividend ETF, SPDR Portfolio World ex-US ETF,SPDR Portfolio Emerging Markets ETF, SPDR Portfolio Aggregate Bond ETF, SPDR Portfolio Long Term Corporate Bond ETF, SPDR Portfolio Intermediate Term Corporate Bond ETF, SPDR Portfolio Short Term Corporate Bond ETF, SPDR Portfolio Long Term Treasury ETF and SPDR Portfolio Short Term Treasury ETF.

The range of SPDR Portfolio ETFs will provide investors access to a broad range of asset classes to assist in the construction of a core portfolio strategy, including fixed income, domestic equity, emerging market and international equity.

“We are truly excited to be able to offer ultra-low-cost ETFs to investors. Since launching SPY nearly 25 years ago, State Street Global Advisors has continually looked for opportunities to help investors build better portfolios with ETFs,” said Nick Good, co-head of the Global SPDR business at SSGA. “Investors have been asking us to provide these solutions to offer them a greater choice for low cost ETFs. The launch of the SPDR Portfolio ETFs provides a solution that meets this growing demand.

Earlier this month, this publication reported that SSGA had restructured its US SPDR team to provide more local and specialized coverage to its clients.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes