NEW YORK, May 13 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced that it launched trading in the SPDR(R) S&P International Mid Cap ETF (AMEX:MDD) and the SPDR DJ Wilshire Global Real Estate ETF (AMEX:RWO) issued by State Street Global Advisors (SSgA).
MDD aims to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P/Citigroup World Ex-U.S. US$2-5 billion Index. The Index is a float adjusted market cap weighted index that represents the mid capitalization segment of developed countries included in the S&P/Citigroup BMI Global Equity Index. The BMI Global Equity Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.
RWO aims to provide investment results that, before fees and expenses, correspond generally to the price and yield return performance of the Dow Jones Wilshire Global Real Estate Securities Index. The Index is a float adjusted market capitalization index designed to measure the performance of publicly traded global real estate securities that represent the ownership and operation of commercial or residential real estate.
"Amex and State Street share a longtime collaborative commitment to bringing new and innovative products to the ETF marketplace," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "We are proud to have been chosen to list MDD and RWO, which offer investors exposure to the international mid-cap markets and the global real estate market, respectively."
Susquehanna Investment Group is the specialist for MDD. Kellogg Capital Group, LLC is the specialist for RWO.
About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 397 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com.
Source: American Stock Exchange