State Street Global Advisors has launched two equity exchange-traded funds designed to track MSCI Global Equity Indices, with one focusing on emerging markets and the other widely covering both developed and developing countries.

The first fund, the SPDR MSCI EM 50 ETF, aims to replicate the performance of the MSCI EM 50 Index, which is composed of the 50 largest and most liquid companies constituting the MSCI Emerging Markets Index.

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