State Street Global Advisors Announces Index Change to the SPDR FTSE/Macquarie Global Infrastructure 100 ETF (Symbol: GII)
BOSTON--(BUSINESS WIRE)-- State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYS: STT) , today announced changes to the index and name of the SPDR FTSE/Macquarie Global Infrastructure 100 ETF (Symbol:GII). Effective May 1, 2013, the SPDR FTSE/Macquarie Global Infrastructure 100 ETF began tracking The S&P Global Infrastructure Index and was renamed the SPDR S&P® Global Infrastructure ETF. The fund's ticker symbol (GII) remains unchanged and no action is required by shareholders. The annual expense ratio will change from 0.59 to 0.40 percent.
The S&P Global Infrastructure Index provides liquid and tradable exposure to 75 companies from around the world that represent the listed infrastructure universe. To create diversified exposure across the global listed infrastructure market, the index has balanced weights across three distinct infrastructure clusters: Utilities, Transportation and Energy.
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset management. The firm is relied on by sophisticated investors worldwide for its disciplined investment process, powerful global investment platform and access to every major asset class, capitalization range and style. SSgA is the asset management business of State Street Corporation, one of the world's leading providers of financial services to institutional investors.
Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visitwww.spdrs.com. Read it carefully.
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
Foreign investments involve greater risks than US investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.
Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.
State Street Corporation
Elizabeth Bartlett, 617-662-2903
Troy Mayclim, 914-686-5599
KEYWORDS: United States North America Massachusetts
The article State Street Global Advisors Announces Index Change to the SPDR FTSE/Macquarie Global Infrastructure 100 ETF (Symbol: GII) originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.