The newly debuted ETF assortment comprises US Corporate Bond Ucits ETF, Euro Corporate Bond Ucits ETF and US Treasury Bond Ucits ETF, with three years maturity period.
SPDR ETFs manages an array of global, US, European, UK, emerging market, high yield and inflation-linked ETFs, to assist investors to achieve their financial goals.
SSgA fixed income portfolio strategist Antoine Lesne said that the funds will enable the investors to boost risk-adjusted returns, while reducing associated risk of portfolios at a time when government bond returns at the lowest level.
"More specific allocations to short-dated bond exposures via these three new ETFs may offer the potential to deliver better risk- adjusted returns than their all-maturity counterparts and help lower the negative impact of a steepening yield curve," Lesne added.
State Street Global Advisors operates as the investment management arm of State Street Corporation, which had $25.7trn in assets under custody and administration and $2.1trn in assets under management at 30 June 2013, with presence in over 100 nations.
