State Street Partners with Dimensional Fund Advisors for Revolutionary ETF Share Class Rollout

State Street has been appointed as a service provider for Dimensional Fund Advisors' newly approved ETF share class structure. This is the first-of-its-kind in the US under the SEC's exemptive relief. State Street will provide end-to-end service support, including custody, fund accounting, and transfer agency. The ETF share class structure is expected to offer benefits such as increased tax efficiency and cost savings.