State Street International Materials ETF Launch (STT, IRV)

Investing

Published: July 22, 2008 8:55 am

Last Updated: April 28, 2020 5:30 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 Materials Sector (AMEX: IRV)

The index includes more than 640 non-US materials companies with market caps in excess of $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

Are You Ahead, or Behind on Retirement? (sponsor)

If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention.

Finding a financial advisor who puts your interest first can be the difference between a rich retirement and barely getting by, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.