State Street also launch Low Volatility ETPs

State Street Global Advisors today complemented PowerShares launch last week with another US Low Volatility Small Cap ETP. This one is based on Russell 2000 Low Volatility Index

The SPDR Russell 2000® Low Volatility ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of the U.S. small capitalization low volatility market.

SPDR also launched the SPDR Russell 1000® Low Volatility ETF tracking the Large cap Russell 1000 Low Volatility Index.

The SPDR Russell 1000® Low Volatility ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of the U.S. large capitalization low volatility market.

like0