State Street Goes Down The International ETF Road

[ETF Trends]

ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)

http://www.etftrends.com/images/2008/05/14/352501056.jpeg State Street Global Advisors is going down the real estate and mid-cap road on an international scale, with new exchange traded funds (ETFs) that invest overseas.
The new funds, according to Reuters, are (http://www.reuters.com/article/marketsNews/idUSN1342153420080513):

SPDR DJ Wilshire Global Real Estate (RWO (http://finance.yahoo.com/q?s=rwo)),based on 240 commercial and residential real estate companies in 23 countries, including the United States.
SPDR S&P International Mid-Cap (MDD (http://finance.yahoo.com/q?s=mdd)),based on an index of 850 companies whose market caps are between $2 billion and $5 billion. The companies are located in 25 countries, including the United States. Their global real estate fund will join these other international real estate ETFs:

SPDR Dow Jones Wilshire Intl Real Estate Index (RWX (http://finance.yahoo.com/q?s=rwx)), down 2.7% year-to-date
First Trust FTSE EPRA/NAREIT Global Real Estate (FFR (http://finance.yahoo.com/q?s=ffr)), up 0.7% year-to-date
iShares FTSE EPRA/NAREIT Asia (IFAS (http://finance.yahoo.com/q?s=ifas)), down 7.1% year-to-date
iShares FTSE EPRA/NAREIT Global RE ex-U.S. (IFGL (http://finance.yahoo.com/q?s=ifgl)), down 5.3% year-to-date The other international mid-cap ETF is the WisdomTree International Mid-Cap Dividend (DIM (http://finance.yahoo.com/q?s=dim)), which is a dividend-paying fund. Year-to-date, it's down 2.5%.


complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/290915672/state-street-ha.html)