State Street unveils two more ETFs

State Street Global Advisors of Boston today announced the launch of two new international exchange traded funds: the SPDR S&P International Small Cap ETF and the SPDR S&P World-ex-US ETF. Based upon S&P/Citigroup Global Equity Indices, the new SPDRs offer investors access to developed international markets, including the first capitalization-weighted vehicle covering “Offering investors unmatched exposure to developed and emerging markets, our comprehensive family of international ETFs has been met with strong demand,” James Ross, senior managing director of SSgA said in a statement. “In providing access to virtually the entire developed international market and the overseas small-cap market, these two new SPDRs are powerful additions for investors looking to build well-diversified portfolios.” With the launch of these two SPDRs, State Street’s family of U.S.-listed ETFs features 53 funds – including 16 that offer precise access to international and emerging markets.