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SSgA launches SPDR multi-asset ETF on Xetra

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State Street Global Advisors (SSgA) has launched a new exchange-listed multi-asset index fund, the SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF on Deutsche Börse's XTF segment.

The new ETF provides investors with access to the performance of selected equities and fixed-income securities from the Morningstar Global Multi-Asset Infrastructure reference index. The reference index currently tracks 18 industries relating to the infrastructure sector, including midstream oil and gas, energy providers, logistics and land transport, shipping and communication systems. It comprises equal proportions of equities and fixed-income securities.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,059 exchange traded funds. This selection, together with an average monthly trading volume of around EUR13 billion.

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