Spain welcomes SPDR ETFs

ETFsAccess to exchange-traded funds (ETFs) in Spain has increased with the registration of 41 SPDR products. SPDR is the ETF range from State Street Global Advisors (SSGA) and the well-known SPDR S&P US Dividend Aristocrats Ucits ETF is among the flagship funds now registered there. Olivier Paquier, head of SPDR ETFs for France and Spain at SSGA, says: “We are seeing increasing demand from Spanish investors for ETFs and we believe the ETF industry in Spain offers exciting growth potential.” The 41 SPDR ETFs available to investors in Spain, are physically replicated, multi-registered and cross-listed in European markets. The funds are domiciled in Ireland. Equity and fixed-income asset classes are covered. Other SPDR ETFs now registered in Spain include the SPDR MSCI EMU Ucits ETF and SPDR S&P 500 Ucits ETF. SSGA manages more than $400 billion (€293 billion) in over 195 ETFs worldwide. ©2014 funds europe

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