SPDR MSCI Quality Mix USA ETF Offers Investors Core US Equity
Exposure with a Goal of Improving Risk-Adjusted Returns Across
Market Cycles
State Street Global Advisors (SSGA), the asset management
business of State Street Corporation (NYSE:STT), today announced
that the SPDR MSCI Quality Mix USA ETF (Symbol QUS) began trading
on the NYSE Arca. QUS offers investors broad US equity exposure in
a portfolio weighted toward attributes that have historically
delivered an attractive long-term risk-return profile. The fund
tracks a benchmark that uses a transparent rules-based methodology
that places an equal focus on three style factors: low volatility,
quality and value.
“Investors are increasingly looking for next-generation advanced
beta funds that are less subject to the cyclicality of individual
styles, which have been shown to go in and out of favor depending
on the market environment,” said James Ross, executive vice
president and global head of SPDR Exchange Traded Funds at State
Street Global Advisors. “With the addition of QUS to our suite of
MSCI Quality Mix SPDR ETFs, investors have access to a passive US
equity style combination that is designed to capture gains in
improving markets while at the same time mitigate risk during
periods of market volatility, all at a fraction of the cost of
active management.”
Advanced beta, also known as alternative or smart beta, refers
to a rules-based approach that seeks to capture specific factors.
Advanced beta strategies are increasingly being used to complement
active and index holdings because they combine the transparency,
liquidity and flexibility of indexing with the ability to take an
active view on which risk factors may outperform over time. The
SPDR MSCI Quality Mix USA ETF’s gross and net expense ratio is 0.15
percent. SSGA’s suite of Quality Mix SPDR ETFs now includes 13 ETFs
offering access to developed, emerging, single country and global
markets.
The SPDR MSCI Quality Mix USA ETF seeks to track the performance
of the MSCI USA Quality Mix A-Series Index. The index is an equal
weighted combination of the MSCI USA Value Weighted, MSCI USA
Minimum Volatility and MSCI USA Quality Indexes in a single
multi-factor index to represent the performance of quality, value
and low volatility strategies. As of February 27, 2015, the index
was comprised of 631 large and mid-cap companies across the US
markets.
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 investors with the flexibility to select investments
that are precisely aligned to their investment strategy. Recognized
as an industry pioneer, State Street created the first US listed
ETF in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on
the forefront of responsible innovation, as evidenced by 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
For nearly four decades, State Street Global Advisors has been
committed to helping our clients, and those who rely on them,
achieve financial security. We partner with many of the world’s
largest, most sophisticated investors and financial intermediaries
to help them reach their goals through a rigorous, research-driven
investment process spanning both indexing and active disciplines.
With trillions* in assets, our scale and global reach offer clients
unrivaled access to markets, geographies and asset classes, and
allow us to deliver thoughtful insights and innovative
solutions.
State Street Global Advisors is the investment management arm of
State Street Corporation.
*Assets under management were $2.45 trillion as of December 31,
2014. This AUM total includes the assets of the SPDR Gold Trust
(approx. $27.3 billion as of December 31, 2014), for which State
Street Global Markets, LLC, an affiliate of State Street Global
Advisors, serves as the marketing agent. Please note that AUM
totals are unaudited.
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.
A "value" style of investing emphasizes undervalued companies
with characteristics for improved valuations. This style of
investing is subject to the risk that the valuations never improve
or that the returns on "value" equity securities are less than
returns on other styles of investing or the overall stock
market.
Although subject to the risks of common stocks, low volatility
stocks are seen as having a lower risk profile than the overall
markets. However, a fund that invests in low volatility stocks may
not produce investment exposure that has lower variability to
changes in such stocks' price levels.
A "quality" style of investing emphasizes companies with high
returns, stable earnings, and low financial leverage. This style of
investing is subject to the risk that the past performance of these
companies does not continue or that the returns on "quality" equity
securities are less than returns on other styles of investing or
the overall stock market.
Non-diversified funds that focus on a relatively small number of
securities tend to be more volatile than diversified funds and the
market as a whole.
The funds or securities referred to herein are not sponsored,
endorsed, or promoted by MSCI, and MSCI bears no liability with
respect to any such funds or securities or any index on which such
funds or securities are based. The Prospectus contains a more
detailed description of the limited relationship MSCI has with SSgA
Funds Management, Inc and any related funds.
"SPDR" is a registered trademark of Standard & Poor's
Financial Services LLC ("S&P") and has been licensed for use by
State Street Corporation. Standard & Poor's®, S&P®, SPDR®,
S&P 500®, S&P MIDCAP 400®, and Select Sector SPDRs® are
registered trademarks of Standard & Poor's Financial Services
LLC. 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.
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.
Not FDIC Insured * No Bank Guarantee * May Lose Value
CORP-1397
State Street CorporationTroy Mayclim,
+1-914-686-5552tmayclim@riverinc.com
State Street (NYSE:STT)
Historical Stock Chart
From Apr 2024 to May 2024
State Street (NYSE:STT)
Historical Stock Chart
From May 2023 to May 2024