BOSTON--(BUSINESS WIRE)--

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the addition of seven rebranded SPDR ETFs to the SPDR Portfolio suite. Introduced in 2017 and attracting $34.4 billion in new assets in just two years,¹ the SPDR Portfolio offering now comprises 22 low-cost ETFs that provide access to a wide range of domestic and international equity and fixed income asset classes.

The seven rebranded funds added to the SPDR Portfolio suite comprise five fixed income and two international equity ETFs, representing $4.4 billion in assets.² All seven have new names and ticker symbols to align with the SPDR Portfolio ETF suite and three funds have reduced net expense ratios, as detailed below, and the other four were reduced earlier:³

“The SPDR Portfolio suite was initially launched to give investors greater choice in low-cost ETFs. With today’s additions to the lineup, we’re offering investors more fixed income and international equity ETF options to help investors refine their asset allocations,” said Noel Archard, Global Head of SPDR Product at State Street Global Advisors. “To meet the needs of a client base that is well-diversified across institutions, intermediaries and retail investors, we remain committed to offering products with a broad range of attributes.”

“The fixed income additions nearly double the number of bond ETFs available through the SPDR Portfolio suite, providing investors with a broader range of tools for navigating the current credit cycle, generating income and diversifying portfolios,” said Matthew Bartolini, Head of SPDR Americas Research at State Street Global Advisors. “Adding existing funds with established trading volume to the SPDR Portfolio suite ensures investors don’t have to sacrifice liquidity for low expense ratios.”

In addition to the changes outlined above, the underlying index for the SPDR STOXX Europe 50 ETF changed from the STOXX^® Europe 50 Index to the STOXX Europe Total Market Index effective as of the close of market on September 20, 2019. The new index covers approximately 95 percent of the free float market capitalization across 17 European countries: Austria, Belgium, Poland, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

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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 Corporation. The funds provide investors with the flexibility to select investments that are 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 .

About State Street Global Advisors

For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third largest asset manager with nearly US $2.90 trillion* under our care.

* This figure is presented as of June 30, 2019 and includes approximately $36 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

Important Risk Information:

Investing involves risk including the risk of loss of principal.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA's express written consent.

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.

Risk associated with equity investing includes stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

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.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

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.

Bond funds contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; issuer credit risk; liquidity risk; and inflation risk.

Some of the funds may contain interest rate risk (as interest rates rise bond prices usually fall); the risk of issuer default; inflation risk; and issuer call risk.

The values of debt securities may decrease as a result of many factors, including, by way of example, general market fluctuations; increases in interest rates; actual or perceived inability or unwillingness of issuers, guarantors or liquidity providers to make scheduled principal or interest payments; illiquidity in debt securities markets; and prepayments of principal, which often must be reinvested in obligations paying interest at lower rates.

Passively managed funds invest by sampling the index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics.

This may cause the fund to experience tracking errors relative to performance of the index.

Standard & Poor’s, S&P and SPDR are registered trademarks of Standard & Poor’s Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect 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 . Read it carefully.

© 2019 State Street Corporation - All Rights Reserved

Not FDIC Insured • No Bank Guarantee • May Lose Value

© 2019 State Street Corporation - All Rights Reserved

State Street Global Advisors, One Iron Street, Boston, MA 02110

2728996.1.1.AM.RTL

Expiration Date: 9/30/2020

¹ Source: Bloomberg, as of 8/31/19

² Source: Bloomberg, as of 8/31/19

³ SPTI (previously ITE) lowered its TER from 0.10% to 0.06% on 4/26/2019; SPBO (previously CBND) lowered its TER from 0.15% to 0.06% on 7/31/2018; SPHY (previously CJNK) lowered its TER from 0.40% to 0.15% on 3/11/2019; SPMB (previously MBG) lowered its TER from 0.20% to 0.06% on 5/30/2018.

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