State Street Global Advisors (SSGA), the asset management business of State Street Corporation, is to close and liquidate the 19 exchange traded funds based on an ongoing review of the SPDR ETF offering.
The funds in question are:
SPDR Bloomberg Barclays 0-5 Year TIPS ETF (SIPE);
SPDR EURO STOXX 50® Currency Hedged ETF (HFEZ);
SPDR MSCI Australia StrategicFactorsSM ETF (QAUS);
SPDR MSCI Spain StrategicFactorsSM ETF (QESP);
SPDR S&P® Emerging Europe ETF (GUR);
SPDR S&P Emerging Latin America ETF (GML);
SPDR S&P Emerging Middle East & Africa ETF (GAF);
SPDR S&P International Consumer Discretionary Sector ETF (IPD);
SPDR S&P International Consumer Staples Sector ETF (IPS);
SPDR S&P International Dividend Currency Hedged ETF (HDWX);
SPDR S&P International Energy Sector ETF (IPW);
SPDR S&P International Financial Sector ETF (IPF);
SPDR S&P International Health Care Sector ETF (IRY);
SPDR S&P International Industrial Sector ETF (IPN);
SPDR S&P International Materials Sector ETF (IRV);
SPDR S&P International Technology Sector ETF (IPK);
SPDR S&P International Telecommunications Sector ETF (IST);
SPDR S&P International Utilities Sector ETF (IPU);
SPDR S&P Russia ETF (RBL).
The final day for creations will be 24 July, 2017 with the exception of GUR, GML and GAF, for which the final day for creations will be 21 July, 2017. Trading of all funds will be suspended on the NYSE Arca at the open of market on 25 July, 2017, and proceeds of the liquidation are scheduled to be sent to shareholders on or about 1 August, 2017.
