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SSGA to close 12 US SPDR ETFs

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State Street Global Advisors (SSGA) is to close and liquidate the following 12 exchange traded funds based on an ongoing review of the SPDR ETF offering and limited market demand.

The funds are: 
• SPDR MSCI EM Beyond BRIC ETF (EMBB)†
• SPDR BofA Merrill Lynch EM Corp. Bond ETF (EMCD)†
• SPDR Barclays International High Yield Bond ETF (IJNK)†
• SPDR MSCI EM 50 ETF (EMFT)
• SPDR Russell/Nomura PRIME Japan ETF (JPP)
• SPDR Russell/Nomura Small Cap Japan ETF (JSC)
• SPDR S&P International Mid Cap ETF (MDD)
• SPDR S&P BRIC 40 ETF (BIK)
• SPDR SSGA Risk Aware ETF (RORO)
• SPDR Nuveen Barclays Build America Bond ETF (BABS)
• SPDR Nuveen Barclays California Muni Bond ETF (CXA)
• SPDR Nuveen Barclays New York Muni Bond ETF (INY)

The final day for creations will be 24 August, 2016 with the exception of three funds identified with the symbol †, for which the final day for creations will be 23 August, 2016. Trading of all twelve funds will be suspended on the NYSE Arca at the open of market on 25 August, 2016, and proceeds of the liquidation are scheduled to be sent to shareholders on or about 31 August, 2016

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