Of the ten new streetTRACKS exchange-traded funds introduced this month, one in particular has caught the fund industry's attention for its ground-breaking nature.

The streetTRACKS Morgan Stanley Internet Index Fund from State Street Global Advisors of San Francisco will operate slightly differently than other exchange-traded funds because of the underlying index on which it is based, fund executives and analysts said. While it is not an actively-managed exchange-traded fund, a product that has yet to be invented, it is a significant step in that direction, analysts said.

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