- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Mar 23, 2007
- Business
- SPDR S&P Emerging Asia Pacific ETF (GMF) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging Asia Pacific BMI Index, a market capitalization-weighted index comprising leading companies in the emerging markets of the Asia Pacific region. The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in depositary receipts based on such securities; its portfolio includes approximately 1,300 holdings spanning technology, financial services, consumer cyclical, communication services, and industrials sectors, with top exposures to Taiwan Semiconductor Manufacturing Company Limited (approximately 10%), Tencent Holdings Limited (approximately 6%), and Alibaba Group Holding Limited (approximately 3%). The ETF targets investors seeking diversified equity exposure to emerging Asia Pacific markets, including China, Taiwan, India, and others such as Malaysia, Thailand, Indonesia, and the Philippines, with assets under management of approximately $390 million and a net expense ratio of 0.49%.
GMF was launched on March 19, 2007, and is issued and managed by State Street Global Advisors (SSGA), the asset management arm of State Street Corporation, with primary operations domiciled in the United States.
In recent developments, SSGA, the sponsor of GMF, rebranded to State Street Investment Management in June 2025 to reflect its strategic focus on growth, product innovation, and tailored investment solutions across global markets. The firm also brought sales and marketing of its core SPDR ETF lineup, including select sector funds totaling over $300 billion in assets, in-house starting in December 2025, ending a prior outsourcing arrangement. Additionally, SSGA expanded its SPDR offerings with new low-cost ETFs such as the SPDR Portfolio Treasury ETF in 2024 and target-date retirement funds incorporating private markets via a partnership with Apollo in 2025, alongside share splits announced for five Select Sector SPDR ETFs effective December 2025.