FYI: (This is a follow-up article.)
Noel Archard, global head of SPDR Product at State Street Global Advisors, has been involved in the ETF industry for over a decade, and has just shepherded the issuer through the launch of its 11thSelect Sector SPDR, one that seriously changes the shape of the ETF sector family. Here, he discusses the implications of the addition of the Communication Services Select Sector SPDR (XLC).
Regards,
Ted
http://www.etf.com/sections/features-and-news/new-sector-etf-evolutionary