State Street Announces Launch of Three SPDR® ETFs to Enhance ESG Portfolio Construction

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced the launch of three new index funds: SPDR S&P SmallCap 600 ESG ETF (ESIX), SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF (RDMX) and SPDR Bloomberg SASB Emerging Markets ESG Select ETF (REMG). Developed to provide exposure to small-cap, international and emerging market equities, respectively, that exhibit certain environmental, social and governance ("ESG") characteristics, these newest SPDR ETFs are designed to help investors reinforce core allocations and incorporate ESG considerations into their portfolios.

"As ESG awareness and education improves, investors are increasingly seeking to integrate best-in-class solutions across their entire portfolio," said Brie Williams, Head of Practice Management at State Street Global Advisors. "With the launch of ESIX, RDMX, and REMG, investors can bring the potential benefits of ESG investing to the building blocks of a well-diversified equity portfolio."

ESIX seeks to track an index that is designed to provide exposure to securities that meet certain sustainability criteria (criteria related to ESG factors) while maintaining similar overall industry group weights as the S&P SmallCap 600 Index.

The RDMX seeks to track an index that is designed to provide exposure to large and mid-capitalization companies in developed markets, excluding companies in the US, that exhibit certain ESG characteristics; and the SPDR Bloomberg SASB Emerging Markets ESG Select ETF seeks to track an index that is designed to provide exposure to large and mid-capitalization companies in emerging markets that exhibit certain ESG characteristics.

With the addition of these three funds, SPDR's suite of US-listed ESG ETFs now includes 11 SPDR ETFs with over $3.1 billion in assets. Last year, State Street Global Advisors' ESG ETFs attracted $985 million of inflows as investors increasingly turn to ESG funds as benchmark replacements and model building blocks.

A recognized leader in asset stewardship and corporate governance, State Street Global Advisors is committed to helping the world's governments, institutions and financial advisors reach their ESG investing goals. State Street Global Advisors began managing its first ESG portfolio more than 35 years ago and today manages $524 billion in ESG index assets under management. As stewards of clients' capital, State Street Global Advisors helps investors see that what is fair for people and sustainable for the planet can deliver long-term performance.