State Street Global Advisors (SSGA), the asset management
business of State Street Corporation (NYSE:STT), announced that the
SPDR S&P North American Natural Resources ETF (NANR) began
trading on the NYSE Arca on December 16, 2015. NANR is designed to
meet demand for natural resources equity exposure by providing
access to companies in the energy, materials and agriculture
industries. NANR provides investors with an approach that weights
the sub-sectors of the portfolio 45 percent energy, 35 percent
materials and 20 percent agriculture stocks.
“Recent volatility in the energy sector has many clients asking
us for a different approach to gaining exposure to US and Canadian
natural resources companies than what may be currently available to
them,” said James Ross, executive vice president and global head of
SPDR Exchange Traded Funds at State Street Global Advisors. “NANR
offers a more balanced approach to investing in natural resources
companies as opposed to a single sector energy allocation, which
may be skewed to oil companies.”
The SPDR S&P North American Natural Resources ETF seeks to
track the S&P BMI North American Natural Resources Index, a
sub-set of the S&P Global Large MidCap Commodity and Natural
Resources Index. The index component securities represent a
combination of securities of companies in the following three
natural resources categories: energy, materials, and agriculture.
The SPDR S&P North American Natural Resources ETF’s gross
expense ratio is 0.35 percent.
For more information on the SPDR S&P North American Natural
Resources ETF, visit www.spdrs.com.
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 unrivaled
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 $2.2 trillion as of September
30, 2015. Assets under management include approximately $25 billion
as of September 30, 2015, for which State Street Global Markets,
LLC, an affiliate of SSGA, serves as the distribution
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.
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.
Currency exchange rates between the U.S. dollar and
foreign currencies may cause the value of the fund’s investments to
decline.
Equity securities may fluctuate in value in response to
the activities of individual companies and general market and
economic conditions.
Geographic focused investments may be subject to
significant volatility given the concentration across a single
country or region.
Natural resources industries can be significantly
affected by changes in supply of, or demand for, various natural
resources, as well as by events relating to international political
and economic developments, energy conservation, the success of
exploration projects, commodity prices, and tax and other
government regulations.
Non-diversified funds that focus on a relatively small
number of issuers tend to be more volatile than diversified funds
and the market as a whole.
Standard & Poor’s®, S&P® and SPDR® are registered
trademarks of Standard & Poor’s Financial Services LLC
(S&P); Dow Jones is a registered trademark of Dow Jones
Trademark Holdings LLC (Dow Jones); and these trademarks have been
licensed for use by S&P Dow Jones Indices LLC (SPDJI) and
sublicensed for certain purposes by State Street Corporation. State
Street Corporation’s financial products are not sponsored,
endorsed, sold or promoted by SPDJI, S&P, their respective
affiliates and third party licensors and none of such parties make
any representation regarding the advisability of investing in such
product(s) nor do they have any liability in relation thereto,
including for any errors, omissions, or interruptions of any
index.
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. Certain State Street affiliates provide services
and receive fees from the SPDR ETFs.
Before investing, consider the fund’s investment objectives,
risks, charges and expenses, which are described in the fund’s
prospectus. To obtain a prospectus or summary prospectus which
contains information regarding these risks and other information,
call 866.787.2257 or visit spdrs.com. Read it
carefully.
Not FDIC Insured * No Bank Guarantee * May Lose Value
CORP-1724
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State Street CorporationAndrew Hopkins, +1
617-664-2422Ahopkins2@statestreet.com
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