State Street launches ETFs in Germany

The new products track various indices covering the European market. Ten of the 12 new SPDR ETFs comprise super sectors of the MSCI Europe index, including consumer staples, financials, healthcare and utilities. The range also includes the MSCI Europe ETF, which tracks the performance of the equities markets in 16 industrialized countries, and the MSCI Europe Small Cap ETF, based on the performance of small and mid-cap companies in Europe. The management fee for all but one of the new ETFs stands at 0.30%, with the MSCI Europe Small Cap coming in slightly more expensive at 0.40%. S...