INKM holds ETFs that track yield producing assets like convertible bonds, debt securities, global equities, preferred stocks and real estate securities. Top expected holdings include SPDR S&P Dividend (NYSEArca: SDY) 15%, SPDR Dow Jones Global Real Estate (NYSEArca: RWO) 10% and SPDR Barclays Long Treasury (NYSEArca: TLO) 10%. INKM has an expense ratio of 0.70%.
GAL will try to provide capital appreciation through ETFs that will provide a balanced exposure to global debt and equities. Top expected holdings include SPDR World ex-U.S. (NYSEArca: GWL) 20%, SPDR S&P 500 (NYSEArca: SPY) 19% and SPDR Barclays Aggregate Bond ETFs (NYSEArca: AGG) 15%. GAL has an expense ratio of 0.35%.
“In providing a convenient, cost effective vehicle for investors and financial advisors to benefit from SSgA’s experience in global tactical asset allocation, our actively managed ETFs are an innovative addition to the SPDR ETF family,” Ross said in a press release. [ETF Assets Seen Growing to $5 Trillion]
“Our actively managed ETFs take advantage of a wide range of underlying asset classes to provide broadly diversified, global portfolios with a time tested, tactical allocation process that adds value by capturing new market opportunities,” Dan Farley, senior managing director and chief investment officer for SSgA’s ISG, said in the press release.
For more information on active funds, visit our actively managed ETFs category.
Max Chen contributed to this article.