State Street launches new SPDR world value ETF

Aims to avoid 'value traps'

State Street Global Advisors has further expanded its SPDR ETF range with a global value fund, which represents high value exposure companies while attempting to avoid 'value traps'.

The SPDR MSCI World Value UCITS ETF will track the MSCI World Value Exposure Select index, which includes large and mid-cap securities across 23 developed markets and is designed to represent the performance of companies with "relatively higher value exposure", while avoiding "poor quality companies" and value traps. First Trust launches low volatility value ETF It consists of the top 350 securities according to the highest combined 'Value Select' score and has a 5% maximum stock weighting, is rebalanced semi-annually and utilises a 50% turnover buffer. The indices incorporate both qu...