State Street Global Advisors (SSGA) has rebranded seven ETFs and reassigned them to its ‘SPDR Portfolio’ suite of ultra-low-cost ETFs. Noel Archard, Global Head of SPDR Product SSGA, co…
SPDR Portfolio MSCI Global Stock Market ETF (SPGM US) Expense ratio 0.09% (reduced from 0.25%). SPDR Portfolio Europe ETF (SPEU US) 0.09% (reduced from 0.29%) SPDR Bloomberg Barclays Corporate Bond ETF (CBND) → SPDR Portfolio Corporate Bond ETF (SPBO) 0.06% → 0.06% SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE) → SPDR Portfolio Intermediate Term Treasury ETF (SPTI) 0.06% → 0.06% SPDR Bloomberg Barclays Mortgage Backed Bond ETF (MBG) → SPDR Portfolio Mortgage Backed Bond ETF (SPMB) 0.06% → 0.06% SPDR ICE BofAML Broad High Yield Bond ETF (CJNK) → SPDR Portfolio High Yield Bond ETF (SPHY) 0.15% → 0.15% SPDR Bloomberg Barclays TIPS ETF (IPE) → SPDR Portfolio TIPS ETF (SPIP) 0.15% → 0.12%