State Street Global Advisors Restructures SPDR ETF Portfolio, Announces Closure of 10 Funds

0xInsomnia · 2025-12-31T11:30:10+00:00

State Street Global Advisors is closing ten SPDR ETFs as part of a strategic portfolio review. Affected funds include geographically-focused and various equity and fixed income strategies. Liquidation begins March 23, 2021, after trading halts on March 18.

0xInsomnia

2025-12-31 11:30:10

Abstract generation in progress

Asset management giant State Street Global Advisors has initiated a strategic portfolio review that will result in the closure and liquidation of ten SPDR exchange-traded funds, according to an official announcement from the firm’s Boston headquarters. The decision reflects an ongoing evaluation of the State Street SPDR ETF lineup and its market positioning.

The funds slated for dissolution include geographically-focused SPDR products covering Canada (ZCAN), Germany (ZDEU), the United Kingdom (ZGBR), Hong Kong (ZHOK), and Japan (ZJPN). Additionally, the list encompasses fixed income and equity-focused strategies: the SPDR Dorsey Wright Fixed Income Allocation ETF (DWFI), SPDR EURO STOXX Small Cap ETF (SMEZ), and three SPDR MFS Systematic strategy funds—Core Equity (SYE), Growth Equity (SYG), and Value Equity (SYV).

The timeline for this restructuring spans several weeks. Investors will have until March 17, 2021, to conduct final creation and redemption transactions in each of the affected funds. Trading across all liquidating SPDR ETFs will halt at market open on March 18, 2021, on their respective primary U.S. exchanges—NYSE Arca for most funds, with NASDAQ Stock Market LLC serving as the listing venue for DWFI.

The asset liquidation process will commence immediately following the trading suspension, with the scheduled liquidation date set for March 23, 2021. Shareholders maintaining positions through this date will receive their distribution proceeds on or about March 24, 2021. State Street Global Advisors has made available detailed information regarding the wind-down process on its dedicated ETF portal at www.ssga.com/etfs.

This move by State Street Global Advisors, which manages approximately $3.47 trillion in assets and ranks as the world’s third-largest asset manager, underscores how even leading financial institutions continuously reassess their product offerings. The SPDR ETF family has long provided investors with diversified options across international and domestic asset classes, but portfolio optimization remains an ongoing priority for the firm.

Investors holding shares in any of the liquidating SPDR funds should review the formal documentation and contact State Street Global Advisors directly at 1-866-787-2257 for specific guidance on their individual circumstances and investment implications.

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