CORRECTING and REPLACING SPDR® ETF Family Announces Impact of Receiving Settlement Payments
February 14 2011 - 9:17PM
Business Wire
The first date in the second graph, second sentence of release
should read: Tuesday, February 15, 2011 (sted Monday, February 14,
2011).
The corrected release reads:
CORRECTING AND REPLACING SPDR® ETF FAMILY ANNOUNCES IMPACT OF
RECEIVING SETTLEMENT PAYMENTS
The SPDR® Dow Jones REIT ETF (NYSE: RWR) today announced that
the fund received payment as an authorized claimant from a class
action settlement related to Mills Corp.
The total amount payable to the fund is listed below. When the
fund calculates its net asset value (“NAV”) per share on Tuesday,
February 15, 2011, it is estimated that the Fund’s NAV will be
impacted by the receipt of the corresponding payment in the amount
stated below based on the shares outstanding as of February 11,
2011.
Fund Settlement Payment
Shares Outstanding asof February 11,
2011
Per Share Amount
SPDR® Dow JonesREIT ETF (ticker:RWR)
$843,967 24,081,892
$0.0350
State Street manages $255 billion* in SPDR ETF assets worldwide
(as of December 31, 2010) 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 provide
professional investors with the flexibility to select investments
that are precisely aligned to their investment strategy. Recognized
as the industry pioneer, State Street 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 launches with
gold, international real estate, international fixed income and
sector ETFs. For more information, visit www.spdrs.com.
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 Strategy & Research. This AUM includes
the assets of the SPDR Gold Trust (approx. $56 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.
REIT funds may be subject to a high degree of market risk due to
lack of industry diversification. REIT funds may be subject to
other risks including, but not limited to, changes in real estate
values or economic conditions, credit risk and interest rate
fluctuations and changes in the value of the underlying property
owned by the trust and defaults by borrowers.
“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.
CORP: 0291
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