State Street Investment Management Launches its First Japan-Domiciled ETFs

Listed on the Tokyo Stock Exchange, the ETFs underscore the firm's commitment to serving Japanese investors with locally tailored solutions

TOKYO, November 19, 2025 -- State Street Investment Management today announced the listing of five Japan-domiciled exchange-traded funds (ETFs) on the Tokyo Stock Exchange (TSE). This marks the firm's first locally domiciled ETF offering in Japan, underscoring the firm's commitment to the market and its strategy to expand into the retail and intermediary space.

"As a pioneer and innovator in ETF investing, we're excited to bring Japan-domiciled ETFs to market for the first time," said Dohei Echizenya, head of Japan at State Street Investment Management. "This milestone demonstrates our commitment to delivering world-class investment solutions tailored to the evolving needs of Japanese investors. With over 25 years of experience in Japan, we believe now is the right time to expand our local offerings, particularly as local investors increasingly seek more diversified, transparent and cost-effective investment solutions."

Listed on TSE today, the ETFs offer low-cost¹ access to diversified investment strategies and complement State Street Investment Management's existing suite of three cross-listed US-domiciled ETFs, 32 investment trust management (ITM) funds, and over 60 offshore ETFs registered in Japan².

The newly listed ETFs are:

"The launch of our new gold ETFs marked the next chapter in our legacy of innovation in gold investing, which began in 2004 with the introduction of SPDR^® Gold Shares (GLD^®) with the World Gold Council," said Anna Paglia, chief business officer at State Street Investment Management. "We are thrilled to deepen our partnership and introduce new gold solutions for Japanese investors. Collaborating with industry leaders enables us to deliver innovative products and strong outcomes for our clients."

"Gold can play a strategic role in a well-balanced portfolio especially with persistent inflationary pressure and shifting monetary policy in Japan," said Joseph Cavatoni, senior market strategist, Americas at World Gold Council. "Due to its proven stability, attractive long-term returns, and strong performance during crises, we expect strong interest for these new Japanese gold ETFs as investors seek stability and long-term performance."

With US$5.45 trillion in assets managed globally³, State Street Investment Management is the world's fourth largest investment manager⁴ and a trailblazer in ETF innovation across the U.S., Hong Kong, Australia and Singapore⁵.

Footnotes:

1 Listed Index Fund US Equity (S&P500), MAXIS S&P500 US Equity ETF, NEXT FUNDS S&P 500 (Unhedged) Exchange Traded Fund, iShares S&P 500 ETF, Listed Index Fund US Equity (S&P500) Currency Hedge, MAXIS S&P500 US Equity ETF (JPY Hedged), iShares S&P 500 JPY Hedged ETF, NEXT FUNDS S&P 500 (Yen-Hedged) Exchange Traded Fund, iFreeETF S&P500 (NON HEDGED), iFreeETF S&P500 (JPY HEDGED), NZAM ETF S&P500 (JPY Hedged), NEXT FUNDS Gold Price Exchange Traded Fund, Japan Physical Gold ETF, iShares Gold ETF, Global X Gold ETF (JPY Hedged), Global X Gold ETF, Global X SuperDividend U.S. ETF, iShares US High Dividend ETF, iShares US Dividend Growth ETF. Source: Tokyo Stock Exchange website, each management companies' websites, as of October 8, 2025.

2 State Street Investment Management, as of September 31, 2025.

3 This figure is presented as of September 30, 2025 and includes ETF AUM of $1,848.02 billion USD of which approximately $144.95 billion USD in gold assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated. Please note all AUM is unaudited.

4 Pensions & Investments Research Center, as of December 31, 2024

5 ETFs managed by State Street Investment Management have the oldest inception dates within the US, Hong Kong, Australia and Singapore. State Street Investment Management launched the first ETF in the US on January 22, 1993; launched the first ETF in Hong Kong on November 11, 1999; launched the first ETF in Australia on August 24, 2001; and launched the first ETF in Singapore on April 11, 2002.

About State Street Investment Management

At State Street Investment Management, we have been helping create better outcomes for institutions, financial intermediaries, and investors for nearly half a century. Starting with our early innovations in indexing and ETFs, our rigorous approach continues to be driven by market-tested expertise and a relentless commitment to those we serve. With over US$5 trillion in assets managed*, clients in over 60 countries, and a global network of strategic partners, we use our scale to deliver a comprehensive and cost-effective suite of investment solutions that help investors get wherever they want to go.

*This figure is presented as of September 30, 2025 and includes ETF AUM of $1,848.02 billion USD of which approximately $144.95 billion USD in gold assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated. Please note all AUM is unaudited.

Important Risk Information

Investing involves risk including the risk of loss of principal.

Past performance is not a reliable indicator of future performance.

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ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

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LBMA GOLD PRICE IS A TRADE MARK OF PRECIOUS METALS PRICES LIMITED, IS LICENSED TO ICE BENCHMARK ADMINISTRATION LIMITED (IBA) AS THE ADMINISTRATOR OF THE LBMA GOLD PRICE, AND IS USED BY STATE STREET INVESTMENT MANAGEMENT WITH PERMISSION UNDER LICENCE BY IBA.

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Japan: State Street Global Advisors (Japan) Co., Ltd., Toranomon Hills Mori Tower 25F 1-23-1 Toranomon, Minato-ku, Tokyo 105-6325 Japan. T: +81-3-4530-7380. Financial Instruments Business Operator, Kanto Local Financial Bureau (Kinsho #345), Membership: Japan Investment Advisers Association, The Investment Trust Association, Japan, Japan Securities Dealers' Association.

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Exp. Date: 30/11/2026

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