State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM)

The SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is an exchange-traded fund that aims to provide exposure to emerging markets through a factor-based approach. The fund seeks to track the MSCI Emerging Markets (EM) Factor Mix A-Series Index, which is designed to capture the performance of large and mid-cap emerging market companies with high exposure to four factors: value, quality, momentum, and low volatility.

QEMM utilizes a multi-factor approach that incorporates both traditional and alternative factors to construct the index. The weightings of the four factors are determined by a proprietary optimization process that aims to maximize exposure to the factors while minimizing turnover and tracking error. The fund is rebalanced semi-annually.