The month of April 2012 represents the 10 year birthday for the SPDR® Straits Times Index Exchange Traded Fund (ETF). The SPDR® Straits Times Index ETF is Singapore’s first locally-listed ETF, and also referred to as the streetTRACKS STI ETF. This ETF allows investors to access the broad market exposure associated with the 30 weighted stocks of the Straits Times Index, in one, single exchanged traded security.  This element of efficiency is one reason that ETFs are sometimes referred to as portfolio products. On their website, State Street Global Advisors provide an indication of the returns associated with the streetTRACKS STI ETF from the inception date of 11 April 2002 to 29 February 2012. Over this period, the Net Asset Value (NAV) of the streetTRACKS STI ETF gained 72.90%. Including the dividend distributions associated with the ETF, the NAV gain is enhanced ...