SPDR® ETFs to Sponsor Professional Golfer Camilo Villegas
January 27 2011 - 12:00PM
Business Wire
State Street Global Advisors (SSgA), the asset management
business of State Street Corporation (NYSE: STT), today announced
that it has entered into a multi-year agreement for SPDR®
ETFs to become a proud partner of Camilo Villegas, a three-time PGA
Tour Winner and one of professional golf’s rising international
stars. This deal marks the first sponsorship of a professional
athlete for SPDR ETFs.
Nicknamed “Spiderman” for the unique stance he relies on to read
putts, Villegas will wear the SPDR brand mark on his shirt while
competing on the PGA Tour and participate in various SPDR ETF
promotional events. A fan favorite around the world, Villegas
became the first Colombian to win on the PGA Tour in 2008. In March
2010, Villegas earned his third victory on the PGA Tour, winning
The Honda Classic and finished 20th in the FedEx Cup standings.
“It’s an honor to be selected for SPDR ETFs’ first sponsorship
of a professional athlete,” said Villegas. “As a SPDRs shareholder,
I’m thrilled to be representing this innovative brand as I play
around the world. I’m excited about the 2011 season and am proud to
have SPDR ETFs as part of my team.”
With $255 billion* in total assets globally (as of December 31,
2010), State Street Global Advisors is one of the world’s largest
ETF providers.
“Our partnership with Camilo Villegas adds a powerful new
dimension to our efforts to increase brand awareness of SPDR ETFs
worldwide,” said James Ross, senior managing director and global
head of SPDR Exchange Traded Funds at State Street Global Advisors.
“Camilo is a proven winner known for blending power with precision
on the golf course, and we are pleased to welcome him as an
international ambassador for the SPDR brand.”
About SPDR® Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs provide
investors with the flexibility to select investments that are
precisely aligned to their investment strategy. Recognized as the
industry pioneer, State Street—in partnership with the American
Stock Exchange—created the first ETF in 1993 (SPDR S&P 500 –
Ticker SPY). Since then, we’ve sustained our place as an industry
innovator through the introduction of many ground-breaking
products, including first-to-market successes with gold,
international real estate, international fixed income and sector
ETFs. SPDR ETFs are managed or marketed by SSgA or SSgA Funds
Management, Inc, a registered investment adviser and wholly owned
subsidiary of State Street Bank and Trust Company.
About State Street Global Advisors
State Street Global Advisors (SSgA) is a global leader in asset
management. The firm is relied on by sophisticated investors
worldwide for its disciplined investment process, powerful global
investment platform and access to every major asset class,
capitalization range and style. SSgA is the asset management
business of State Street, one of the world’s leading providers of
financial services to institutional investors.
*Source: SSgA Global ETF Strategy & Research. This AUM
includes the assets of the SPDR Gold Trust (approx. $58 billion [as
of December 31, 2010]), for which State Street Global Markets, LLC,
an affiliate of State Street Global Advisors serves as the
marketing agent.
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.
"SPDR" is a registered trademark of Standard & Poor’s
Financial Services LLC ("S&P") and has been licensed for use by
State Street Corporation. No financial product offered by State
Street Corporation or its affiliates is sponsored, endorsed, sold
or promoted by S&P or its Affiliates, and S&P and its
affiliates make no representation, warranty or condition regarding
the advisability of buying, selling or holding units/shares in such
products. Further limitations and important information that could
affect investors' rights are described in the prospectus for the
applicable product.
Distributor: State Street Global Markets, LLC, member FINRA,
SIPC, a wholly owned subsidiary of State Street Corporation.
References to State Street may include State Street Corporation and
its affiliates.
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
1-866-787-2257 or visit www.spdrs.com. Read it
carefully.
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