State Street Corporation announced it has been appointed as the service provider to Dimensional Fund Advisors' newly launched actively-managed UCITS ETFs. The initial funds listed are the Global Core Equity UCITS ETF and the Targeted Value UCITS ETF. The funds are owned in Ireland, regulated by the Central Bank of Ireland and listed in London and Frankfurt.
This expands Dimensional's active ETF suite, after successful launches in Australia and the United States. State Street provides end-to-end service support, including custody, depositary, fund accounting, ETF basket creation, create /redeem order management, ETF settlement, transfer agency and reporting. State Street's proven track record supporting ETFs and mutual funds spans Asia-Pacific, Europe and North America.
This global expertise enables consistent, scalable support for Dimensional's UCITS launch.
