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Products September 2, 2001
SSgA Plans European ETFs
February 9, 2001 (PLANSPONSOR.com) - State Street
Global Advisors (SSgA) is planning to launch a new series of
European exchange-traded funds (ETFs), based on MSCI
indices.
Reported by Nevin E. Adams
The ETFs (called “trackers” on the other side of the pond) will be listed on Euronext, the stock and futures exchange formed last year by the merger of the Amsterdam, Brussels and Paris exchanges. They will be based on the following MSCI indices:
- MSCI Pan-Euro
- MSCI Europe Information Technology
- MSCI Europe Consumer Discretionary
- MSCI Europe Materials
- MSCI Europe Consumer Staples
- MSCI Europe Telecommunication Services
- MSCI Europe Energy
- MSCI Europe Utilities
- MSCI Europe Financials
- MSCI United Kingdom
- MSCI Europe Health Care
- MSCI Europe Small Cap
- MSCI Europe Industrials
The fund launches are subject to regulatory approvals.