SSgA says that investing in a diversified sampling of equity and fixed-income ETFs, the proposed new SPDR(R) ETF’s will seek to deliver risk-adjusted returns through a multi-asset class investment strategy.

It also noted that these actively managed ETF’s will meet increasing demand from clients for more actively managed products.  You could essentially compare this to a Hedge Fund strategy for a "Fund of Funds" model.

As of December 31, 2007, SSGA managed some $171 Billion in ETF assets.  A full list of the SSgA ETF’s can be found here.

Jon C. Ogg
February 27, 2008