State Street Global Advisors -BOSTON — State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced that the SPDR Dorsey Wright Fixed Income Allocation ETF (Ticker: DWFI) began trading on the Nasdaq Stock Market, SSGA’s first SPDR ETF to be listed on this exchange. DWFI, a fund of funds, allows investors an opportunity to take advantage of Dorsey, Wright & Associates’ (DWA) signal-driven, momentum-focused technical index methodology for fixed income exposure, implemented in a single SPDR ETF.

“We think that bond markets are likely to exist in a low yielding and relatively uncertain environment for the foreseeable future, and we continue to look to provide unique solutions for investors to navigate these markets and seek to meet their return targets,” said Nick Good, co-head, Global SPDR business at State Street Global Advisors. “With the launch of DWFI we are excited to have developed a relationship with Dorsey, Wright & Associates that allows SSGA to offer a convenient, cost effective, exchange traded vehicle tracking an index that is intended, through its relative strength methodology, to respond to changes in price of certain fixed income ETFs, which may reflect volatility, rates and yield spreads.”

The SPDR Dorsey Wright Fixed Income Allocation ETF seeks to track the performance of the Dorsey Wright Fixed Income Allocation Index (“Index”). The Index is designed to provide targeted exposure to the SPDR fixed income ETFs that offer the greatest potential to outperform the other SPDR fixed income ETFs included in the Index selection universe. Dorsey, Wright & Associates’ proprietary Index methodology ranks each SPDR fixed income ETF by relative strength and selects the four top-ranked SPDR ETFs for an initial equal weighted inclusion.

The net and gross expense ratio for the SPDR Dorsey Wright Fixed Income Allocation ETF is 0.60 percent.
About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors
For nearly four decades, State Street Global Advisors has been committed to helping financial professionals and those who rely on them achieve their investment objectives. We partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. We take pride in working closely with our clients to develop precise investment strategies, including our pioneering family of SPDR® ETFs. With trillions* in assets under management, our scale and global footprint provide unrivaled access to markets and asset classes, and allow us to deliver expert insights and investment solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were $2 trillion as of March 31, 2016. AUM reflects approx.32.6B with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.