BOSTON--(BUSINESS WIRE)--State Street Global Advisors (SSgA), the asset management business of State Street Corporation (NYSE: STT), today announced that SPDR® ETFs received its fourth consecutive award for the Most Recognized ETF Brand in the Americas at the 7th Annual Global ETF Awards Dinner held recently in New York.
In addition to Most Recognized ETF Brand, State Street Global Advisors was co-presented with its third annual Most Informative ETF Website in the Americas award for SPDRs.com, which features data and research on exchange traded funds and the markets and links to SPDR University, a free online educational center designed to meet investment advisors’ demand for high-quality thought leadership. State Street Global Advisors also received awards for:
- ETP with the most assets raised (in absolute growth) in the Americas – SPDR Gold Shares (GLD); and
- The most liquid ETF in the Americas – SPDR S&P 500® ETF (SPY).
“It is particularly rewarding to see our educational resources, which underscore our commitment to helping all investors become better ETF investors, receive recognition from our peers,” said Gary MacDonald, global head of SPDR ETF Marketing at State Street Global Advisors. “As SPDR ETFs continue to fundamentally change the way investors and their advisors build and manage portfolios, providing the tools and resources that help a wide range of investors understand, evaluate, and use ETFs is critical to the future of the industry, as not all ETFs are created equally.”
Based on votes cast by ETF industry professionals worldwide, the Global ETF Awards were created in 2005 by exchangtradedfunds.com to recognize those who have contributed to the development of the industry.
State Street manages $260* billion in SPDR ETF assets worldwide (as of March 31, 2011) 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® – Ticker 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, one of the world’s leading providers of financial services to institutional investors.
*This AUM includes the assets of the SPDR Gold Trust (approx. $56 billion as of March 31, 2011), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.
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.
The SPDR Gold Trust ("GLD") has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov or by visiting www.spdrgoldshares.com. Alternatively, the Trust or any authorized participant will arrange to send you the prospectus if you request it by calling 1-866-320-4053.
SPDR is a registered trademark of Standard & Poor Financial Services LLC (S&P) and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors rights are described in the prospectus for the applicable product.
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. ALPS Distributors, Inc., a registered broker-dealer, is distributor for SPDR shares, MidCap SPDRs and Dow Jones Industrial Average, all unit investment trusts and Select Sector SPDRs.
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 visit www.spdrs.com. Read it carefully.
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