For Institutional and Professional Investors Only.
Investing in financial markets involves inherent risks, including the potential loss of principal. It is crucial to understand these risks before making any investment decisions. The information provided herein is intended solely for institutional and professional investors and should not be disseminated to third parties without the express written consent of State Street Global Advisors (SSGA).
Understanding Investment Risks
Investing in funds managed by State Street Global Advisors comes with several risks. It’s important to be aware that the value of investments can fluctuate due to market conditions and other factors. Specifically, when selling shares of certain funds, you may receive less than your original investment. Some funds may also impose fees on sales due to market volatility or other circumstances, particularly if daily net redemptions exceed a specified percentage of the fund’s total assets.
For example, the State Street Institutional Liquid Reserves Fund carries the risk of potential loss. While the fund aims to maintain a stable share price, it is not guaranteed, and fluctuations can occur. It is also critical to note that investments in funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency. Furthermore, the fund’s sponsor, State Street, has no legal obligation to provide financial support to the fund, and investors should not expect such support.
ETFs and Market Indices
Exchange Traded Funds (ETFs) offered by State Street Global Advisors, like all stocks, are subject to market risk and price volatility. ETF prices can fluctuate above or below their net asset value. Additionally, brokerage commissions and ETF expenses will reduce overall investment returns.
The S&P 500® Index, frequently referenced in connection with certain State Street Global Advisors products, is a product of S&P Dow Jones Indices LLC. State Street Global Advisors is licensed to use this index. It’s important to understand that while State Street SPDR ETFs track indices like the S&P 500, these ETFs are not sponsored, endorsed, sold, or promoted by S&P DJI, Dow Jones, or their affiliates. These entities bear no responsibility for the advisability of investing in these products and have no liability for any errors, omissions, or interruptions of the indices.
Regulatory and Distribution Information
State Street Global Advisors Funds Distributors, LLC, a member of FINRA and SIPC and an indirect, wholly-owned subsidiary of State Street Corporation, serves as the distributor for many SSGA funds. References to “State Street” may encompass State Street Corporation and its affiliates. Certain State Street affiliates provide services to and receive fees from SPDR ETFs.
It is also important to note the distributors for specific investment trusts: ALPS Distributors, Inc. (member FINRA) distributes DIA, MDY, and SPY unit investment trusts, and ALPS Portfolio Solutions Distributor, Inc. (member FINRA) distributes Select Sector SPDRs. These ALPS distributors are not affiliated with State Street Global Advisors Funds Distributors, LLC.
Important Considerations for Qualified Investors
This website and the information contained herein are intended exclusively for qualified investors. Nothing on this site should be interpreted as a solicitation to buy or sell any security or investment product, nor as a recommendation for any specific transaction. SSGA Intermediary Business offers a range of products and services tailored to different investor categories; however, not all products are available to all investors.
The information presented is not intended for distribution or use in any jurisdiction where such distribution or use would violate local laws or regulations. It is the responsibility of individuals accessing this site to ensure compliance with all applicable local laws and regulations. This site is not directed at individuals in jurisdictions where its publication or availability is prohibited.
Disclaimer: No Investment Advice
The information provided on this website does not constitute investment advice and should not be considered as such. It is not a solicitation to buy or an offer to sell securities. It does not account for individual investor objectives, financial situations, or investment horizons. It is essential to consult with your own tax and financial advisors before making any investment decisions. While the information is obtained from sources believed to be reliable, State Street makes no representation or warranty regarding its accuracy and assumes no liability for decisions made based on this information.
Information for Non-U.S. Investors
The products and services described are generally intended for persons within the United States or as otherwise legally permissible. The information on this website is directed towards such individuals. Nothing on this website should be construed as a solicitation or offer to sell securities to any person in any jurisdiction where such actions would be unlawful.
Before You Invest
Prior to investing, carefully consider a fund’s investment objectives, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other crucial information, please call 1-866-787-2257 for ETFs, 1-877-521-4083 for cash funds, 1-800-242-0134 for ELFUN, or 1-800-997-7327 for institutional services. You can also download prospectuses at https://www.ssga.com/us/en/fund-finder. Always read the prospectus carefully before investing.
Important Disclaimers:
Not FDIC Insured * No Bank Guarantee * May Lose Value
AdTrax Code: 6729648.1.1.AM.INST
Expiration Date: 30 June 2025
