State Street, one of the largest ETF issuers by total assets, has thrown its hat into the active ETF ring with the launch of three multi-asset class products. The new ETFs, each of which will be structured as fund-of-funds, include: SPDR Multi-Asset Real Return ETF (RLY) SPDR Income Allocation ETF (INKM) SPDR Global Allocation ETF (GAL) This launch marks a major stride forward for the industry veteran while also showcasing the growing demand for actively managed ETFs [see also Free Report: How To Pick The Right ETF Every Time]. Under The Hood: RLY RLY seeks to achieve “real return,” or a rate of return greater than the rate of inflation over a full market cycle [see Real Return ETFs]. In seeking to accomplish that objective, RLY will invest in other ETPs that cover four primary asset classes: TIPS, domestic and international real estate, commodities, publicly-traded companies operating in the commodities [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts