State Street Investment Management launches SPDR UC Investments 90/10 Endowment Strategy Index ETF with USD 2.5 billion anchor investment

• State Street launched the State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF, ticker UCBG.
• UC Investments anchored the launch with a USD 2.5 billion investment, the largest for a new U.S.-listed ETF.
• Fund tracks the UC Investments 90/10 Endowment Strategy Index with 90% in the S&P 500, 10% in short-duration investment-grade corporates.
• Index uses the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index for the bond sleeve.

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