State Street Global Advisors Announces Net Asset Value Impacts to SPDR ETFs

Friday, August 18, 2017 4:30 pm EDT

Dateline:

BOSTON

Public Company Information:

NYSE:
STT
US8574771031

BOSTON--(BUSINESS WIRE)--The SPDR® Exchange Traded Funds (ETF) listed in the table below, announced today that the Fund’s net asset value (“NAV”) will be impacted by an adjustment to certain foreign tax accruals.

When the Funds calculate their NAV per share on Monday, August 21, 2017, it is estimated that the Fund’s NAV per share will be increased by the amount stated below based on shares outstanding as of August 18, 2017.

Fund     Per Share Impact
SPDR S&P Emerging Asia Pacific ETF (GMF)     $ 0.13
SPDR S&P Emerging Markets Small Cap ETF (EWX)     $ 0.04
SPDR S&P Emerging Markets ETF (GMM)     $ 0.03
SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM)     $ 0.02
SPDR Dow Jones International Real Estate ETF (RWX)     $ 0.01
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX)     $ 0.01
SPDR S&P Emerging Markets Dividend ETF (EDIV)     $ 0.01
SPDR Dow Jones Global Real Estate ETF (RWO)     $ 0.01
SPDR S&P Global Dividend ETF (WDIV)     $ 0.01
   

SSGA manages approximately $566 billion in SPDR ETF assets worldwide (as of June 30, 2017) and is one of the largest ETF providers in the US and globally.

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® – Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping financial professionals and those who rely on them achieve their investment objectives. We partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. We take pride in working closely with our clients to develop precise investment strategies, including our pioneering family of SPDR ETFs. With trillions* in assets under management, our scale and global footprint provide access to markets and asset classes, and allow us to deliver expert insights and investment solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

* Assets under management were $2.61 trillion as of June 30, 2017. AUM reflects approx. $34 billion (as of June 30, 2017) with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

Important Information

Investing involves risk including the risk of loss of principal.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETFs may be bought and sold on the exchange through any brokerage account, ETFs are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only, please see the prospectus for more details.
All ETFs are subject to risk, including possible loss of principal.

Foreign (non-U.S.) Securities may be subject to greater political, economic, environmental, credit and information risks. Foreign securities may be subject to higher volatility than U.S. securities, due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies. Returns on investments in stocks of small companies could trail the returns on investments in stocks of larger companies.

Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.

A "value" style of investing emphasizes undervalued companies with characteristics for improved valuations. This style of investing is subject to the risk that the valuations never improve or that the returns on "value" equity securities are less than returns on other styles of investing or the overall stock market. Although subject to the risks of common stocks, low volatility stocks are seen as having a lower risk profile than the overall markets. However, a fund that invests in low volatility stocks may not produce investment exposure that has lower variability to changes in such stocks' price levels.

A "quality" style of investing emphasizes companies with high returns, stable earnings, and low financial leverage. This style of investing is subject to the risk that the past performance of these companies does not continue or that the returns on "quality" equity securities are less than returns on other styles of investing or the overall stock market.

Real Estate Investment Trusts (REITS) investing may be subject to risks including, but not limited to, declines in the value of real estate, risks related to general economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrowers.

Concentrated investments in a particular industry or sector may be more vulnerable to adverse changes in that industry or sector.

Currency exchange rates between the US dollar and foreign currencies may cause the value of the fund’s investments to decline.

No fossil fuel reserve ownership may have an adverse effect on a company’s profitability and, in turn, the returns of the fund.

Mid-sized companies may involve greater risks than in those of larger, better known companies, including increased volatility and periods of illiquidity.

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 866.787.2257 or visit spdrs.com and respective fund's website. Read it carefully.

State Street Corporation, One Lincoln Street, Boston, MA 02111-2900

© 2017 State Street Corporation - All Rights Reserved

Not FDIC Insured –No Bank Guarantee – May Lose Value

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State Street Corporation
Andrew Hopkins, +1 617-664-2422
Ahopkins2@StateStreet.com

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