State Street ETF Launch: International Consumer Staples Sector (STT, IPS)

Companies and Brands

Published: July 22, 2008 8:42 am

Last Updated: April 28, 2020 5:29 am

State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American Stock Exchange today:

SPDR(R) S&P(R) International Consumer Staples Sector ETF (AMEX: IPS)

The index includes over 330 non-US companies in consumer staples with market caps over $100 million.

These ETF’s are benchmarked to a series of the S&P(R) World ex-U.S. Broad Market Indices, which are market cap weighted with only non-US holdings. The expense ratio on each of these ten ETF’s is listed as 0.50%.

Jon C. Ogg
July 22, 2008

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.