For Institutional / Professional Investors Use Only.
Investing in financial products involves inherent risks, including the potential loss of principal. It is crucial for investors to understand these risks before making investment decisions. State Street Trust, as a prominent financial institution, provides a range of services and products, and it is important for users to be aware of the terms and conditions associated with them. This document provides essential disclosures and information regarding investments offered by State Street and its affiliates.
Important Disclosures and Risk Warnings
General Investment Risks
Investing involves market risk, and there is always the possibility of losing money. The value of investments can fluctuate, and past performance is not indicative of future results. Any decision to invest should be made with careful consideration of your own financial situation and risk tolerance. Reproduction, copying, or transmission of this material, or disclosure of its contents to third parties without the express written consent of SSGA, is prohibited.
Fund Specific Risks
Certain funds, such as money market funds or ETFs, have specific risk profiles that investors need to understand. For example, with the State Street Institutional Liquid Reserves Fund, investors should be aware that they could lose money. The share price of such funds is not guaranteed and can fluctuate. Selling shares may result in a gain or loss compared to the original purchase price. Furthermore, these funds may impose fees on the sale of shares due to market conditions or other factors, particularly if daily net redemptions exceed a certain threshold of the fund’s net assets. It is important to note that investments in these funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. State Street Trust, as the sponsor, has no legal obligation to provide financial support to these funds, and investors should not rely on any expectation of such support.
ETF Investment Considerations
Exchange Traded Funds (ETFs) are subject to investment risk, similar to stocks. Their market value can fluctuate, and they may trade at prices above or below their net asset value. It’s important to remember that brokerage commissions and ETF expenses will reduce overall investment returns.
Index Licensing and Trademarks
The S&P 500® Index, widely used as a benchmark, is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI”) and is licensed for use by State Street Global Advisors. Trademarks such as S&P®, SPDR®, S&P 500®, US 500, and the 500 are owned by Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks are licensed to S&P DJI and sublicensed for specific purposes by State Street Global Advisors. It’s crucial to understand that funds are not sponsored, endorsed, sold, or promoted by S&P DJI, Dow Jones, S&P, or their affiliates. These parties do not make any representations regarding the advisability of investing in such products and bear no liability for errors, omissions, or interruptions of these indices.
Distributor Information
State Street Global Advisors Funds Distributors, LLC, a member of FINRA and SIPC, and an indirect wholly-owned subsidiary of State Street Corporation, acts as a distributor. 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. Other distributors, such as ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc., handle distribution for specific products like DIA, MDY, SPY, and Select Sector SPDRs, and are not affiliated with State Street Global Advisors Funds Distributors, LLC.
Important Notices for Qualified Investors
THIS SITE IS INTENDED FOR QUALIFIED INVESTORS ONLY. The information provided on this site is for informational purposes and is directed solely at qualified investors.
No Offer and Local Restrictions
Nothing on this site should be interpreted as a solicitation to buy or sell any security, commodity, or investment, or to engage in any transaction. State Street Intermediary Business offers a range of products and services tailored to different investor categories, but not all products are available to all investors. The information on this site is not intended for distribution to or use by any person or entity in any jurisdiction where such distribution or use would violate local laws or regulations.
No Investment Advice
The information provided does not constitute investment advice and should not be considered as such. It is not a solicitation or an offer to sell securities. It does not take into account individual investor objectives, strategies, tax status, or investment horizons. Investors should consult with their own tax and financial advisors for personalized advice. While the material 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.
Compliance with Local Laws
Accessing this site is done at your own initiative, and users are responsible for complying with all applicable local laws and regulations. The site is not directed at individuals in jurisdictions where its publication or availability is prohibited due to nationality, residence, or other reasons. Persons under such restrictions must not access this site.
Information for Non-U.S. Investors
The products and services described on this website are intended for persons in the United States or as otherwise legally permissible under local laws. The information is intended for such persons only. Nothing on this website constitutes a solicitation or offer to sell securities to anyone in any jurisdiction where such actions would be unlawful under local securities laws.
Prospectus Information
Before investing, carefully consider the fund’s investment objectives, risks, charges, and expenses. To obtain a prospectus or summary prospectus containing this and other crucial information, please call the provided numbers for ETFs, cash funds, ELFUN, or institutional services, or download directly from the website. It is essential to read the prospectus carefully before making any investment decisions.
Not FDIC Insured * No Bank Guarantee * May Lose Value
AdTrax Code: 6729648.1.1.AM.INST
Expiration Date: 30 June 2025
