SPDR ETFs Named Most Recognized Brand For Fifth Consecutive Year
State Street Global Advisors (SSgA),* the asset management business of State Street Corporation (NYSE:STT), today announced that SPDR ETFs were awarded the Most Recognized ETF Brand for the Americas for the fifth consecutive year at the 8th Annual Global ETF Awards Dinner held in New York on April 26, 2012.
“It’s always rewarding to be recognized by our peers for our leadership in the ETF industry and investor education”
SSgA is also proud to announce that Jim Ross, senior managing director and global head of SPDR Exchange Traded Funds, was honored with the inaugural Nate Most Greatest Contributor to the ETF Industry award.
“Nate Most was a brilliant innovator who led an astounding career,” Ross said. “To receive such a prestigious award in his name is an honor for which I’m very grateful.”
In addition to the awards above, SSgA received its fourth annual Most Informative ETF Website for the Americas award for SPDRs.com, which features data and research on exchange traded funds and the markets. The website also includes links to SPDR University (www.spdru.com), a free online educational center designed to meet investment advisors’ demand for high-quality thought leadership and ETF Fact or Fiction (www.etffactorfiction.com), a new website that provides individual investors with a comprehensive, trusted resource for ETF education.
SSgA and State Street also received awards for:
•Best Service Provider – Asia-Pacific Region: SSgA;
•Best Service Provider – Europe: State Street Fund Services (Ireland) Limited; and
•ETP that raised the most assets (in absolute growth) for the Americas: SPDR Gold Shares (NYSEARCA:GLD)
“It’s always rewarding to be recognized by our peers for our leadership in the ETF industry and investor education,” said Gary MacDonald, senior managing director and global head of Marketing at State Street Global Advisors. “As ETF product development evolves and expands into new structures, including active management, ensuring that every investor and financial advisor has the information needed to do their due diligence is vital to the continued growth of ETFs.”
The Global ETF Awards were created in 2005 by exchangtradedfunds.com to recognize those who have contributed to the development of the industry. The awards are based on votes casted by ETF industry professionals worldwide. In 2012, over 520 different organizations from the Asia-Pacific, Europe, the Americas, the Middle East and Africa voted for Global ETF Award recipients.
State Street manages $307 billion in SPDR ETF assets worldwide (as of March 31, 2012)** and is one of the largest ETF providers in the US and globally.
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSgA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Bank and Trust Company. The funds provide professional investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as the industry pioneer, State Street created the first ETF in 1993 (SPDR S&P 500 (NYSEARCA:SPY)). Since then, we’ve sustained our place as an industry innovator through the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income and sector ETFs. For more information, visit www.spdrs.com.
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.
*SPDR ETFs are managed by SSgA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Bank & Trust Company.
**This AUM includes the assets of the SPDR Gold Trust (approx. $69 billion as of March 31, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.
Important Risk Information:
ETFs trade like stocks, are subject to investment risk, 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.
“SPDR” is a registered trademark of Standard & Poor’s Financial Services, LLC (“S&P”) and has been licensed for use by State Street Corporation. No financial product offered by State Street or its affiliates is sponsored, endorsed, sold or promoted by S&P.
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.
Before investing, consider the fund’s 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 visit www.spdrs.com. Read it carefully.