Campaign Spotlights Often Overlooked Mid-Cap Companies
State Street Global Advisors, the asset management business of
State Street Corporation (NYSE: STT), has teamed up with actress,
director and business owner Elizabeth Banks to launch, starting
today, a series of podcasts to raise awareness of the strong
performance of several mid-cap companies that make up the SPDR®
S&P MIDCAP 400 ETF (MDY).
The series, entitled Crazy Enough to Work and directed by David
Gordon Green, explores how several companies with a market cap
range of $1 billion to $8 billion, got started, overcame the odds
and remain relevant as the world changes around them. During
several frank discussions and fun experiences, Elizabeth Banks
investigates and uncovers unexpected moments about how these
companies have influenced and inspired their customers and
employees.
“Our goal is to always bring our best thinking and insights to
our clients,” said Stephen Tisdalle, chief marketing officer at
State Street Global Advisors. “Despite delivering higher annualized
returns over the last two decades, mid-cap stocks receive scant
attention when compared to their large and small cap peers. Crazy
Enough to Work takes a fun, innovative and engaging approach to
help investors get a closer look at several companies that make up
the mid-cap equity sector.
“It was a great experience teaming up with State Street Global
Advisors to create Crazy Enough to Work,” said Elizabeth Banks.
“The trials and successes of these often overlooked mid-sized
companies were eye-opening. As a fellow entrepreneur, I found it
exciting to go behind the scenes and help these organizations tell
their stories to the world.”
The first episode debuts on crazyenough2work.com, and is
available for download on iTunes, Spotify, Google Play and
Bloomberg.com. The first episode takes Elizabeth Banks to Los
Angeles where she interviews Greg Silvers, CEO of EPR Properties
which is the owner of movie theatres, ski resorts, family
entertainment centers and a host of other experience-oriented
properties. At several of their properties including, the Santa
Monica Pier and iFly, an indoor skydiving facility, Elizabeth and
Greg discuss what it takes to succeed in a unique area of the real
estate market. The series will continue with episodes featuring The
New York Times, Dunkin’ Donuts and Samuel Adams (Boston Beer
Company inc.) and will be available on podcast platforms every
other Wednesday for the next two months.
Launched on May 4, 1995, the SPDR S&P MIDCAP 400 ETF was the
first ETF to provide investors with access to mid-cap stocks, one
of the largest segments of the US equity market. Over the past
decade, MDY has outperformed 88 percent of its Morningstar mid-cap
blend peer group with a post-tax 10-year annualized return of 9.94
percent1. This performance places MDY in the top quintile of all
active and index mid-cap funds.
About Elizabeth Banks
Elizabeth Banks’ career as an actress, producer and director
continues to flourish with another prolific year ahead. She is
known for roles in comedy and drama as well as film and television.
With stand-out performances in projects including “The Hunger
Games” franchise, “Love & Mercy,” and “The LEGO Movie.” She is
also a three time Emmy nominee for her recurring roles in “30 Rock”
and “Modern Family.”
In 2015, Banks returned to her popular role as ‘Effie Trinket’
in “The Hunger Games: Mockingjay – Part 2.” She also appeared in a
cameo role in “Magic Mike XXL” and in the Netflix reprisal of “Wet
Hot American Summer. Also in 2015 she hosted NBC’s “Saturday Night
Live."
In 2014, Banks lent her voice as ‘Wyldstyle’ in box-office hit
“The Lego Movie” opposite Chris Pratt and will reprise her role in
the upcoming sequel. The same year she received critical acclaim in
“Love & Mercy” for her role as Melinda Wilson opposite Paul
Dano and John Cusack who both portrayed Brian Wilson. The film
premiered at the Toronto Film Festival and was directed by Bill
Pohlad. She also stared opposite Chris Pine in the drama “People
Like Us” and in the independent dramas “Every Secret Thing” written
by Nicole Holofcener and “Little Accidents.” She also starred in
the comedy “Walk of Shame."
Her feature credits include “W” in which Banks garnered
critical-acclaim for her role as ‘First Lady Laura Bush;’ her
breakthrough role in the Academy Award winning film “Seabiscuit,”
in which she starred as ‘Marcela Howard’ opposite Tobey Maguire and
Jeff Bridges; Haim Seban’s “Power Rangers,” Steven Spielberg’s
“Catch Me If You Can,” “Magic Mike XXL,” “Our Idiot Brother,” “The
Details,” “Zack and Miri Make a Porno,” “What to Expect When You’re
Expecting,” “Man on a Ledge,” “The Next Three Days,” “Role Models,”
“Meet Dave,” “Invincible,” “The 40-Year-Old Virgin,” “Fred Claus,”
“Sisters,” “Slither,” “Walk of Shame,” “Heights,” “The Baxter,”
“The Trade,” “Ordinary Sinner,” “The Uninvited,” “Daltry Calhoun,”
“Sexual Life”, John Singleton’s “Shaft,” Columbia Pictures’ three
blockbuster hit franchise “Spider-Man” as journalist ‘Betty Brant,’
and the cult hit “Wet, Hot, American Summer.” On the small screen,
Banks earned three Emmy Award nominations for ‘Outstanding Guest
Actress in a Comedy Series’ for her performances as ‘Avery Jessup’
on “30 Rock” and her guest appearances as ‘Sal’ on ABC’s “Modern
Family.” She also appeared in a recurring role as ‘Dr. Kim Porter’
on NBC’s “Scrubs.” Banks reprised her role as ‘Lindsay’ in
Netflix’s “Wet Hot American Summer: First Day of Camp” and has
wrapped production on “Wet Hot American Summer: 10 Years Later.”
Her theater credits include many roles in American Conservatory
Theatre productions, as well as the Guthrie Theater’s production of
“Summer & Smoke” directed by David Esbjornson. In 2006 Banks
played ‘Cherie,’ the female lead in William Inge’s comedy “Bus
Stop,” as part of the Williamstown Theater Festival.
On the production side, Banks made her directorial debut in 2015
with “Pitch Perfect 2” which was the highest opening weekend for a
musical in history, the biggest opener for a first-time feature
film director, and the second-largest opening for a female
director. It also garnered her the ‘Breakthrough Filmmaker of the
year’ award at the 2015 CinemaCon Awards. This December Banks
starred in and produced "Pitch Perfect 3.” She produces the “Pitch
Perfect” franchise through her production company Brownstone
Productions along with her husband Max Handleman. Most recently she
made her commercial debut, directing a 2017 Superbowl television ad
for detergent brand Persil. She is attached to direct the
“Charlie’s Angels” reboot at Sony as well as the young adult
adaptation “Red Queen.” With a first look film deal at Universal
and exclusive television deal at Warner Brothers, her Brownstone
Productions’ slate includes multiple film, television and digital
collaborations with HBO, CW, Netflix, HULU, Paramount Digital, and
the recently announced ABC pilot, “The Trustee.” Their Netflix film
“The Most Hated Woman in America” starring Melissa Leo is set to
premiere this March at SXSW. Additional projects on the Brownstone
slate include two projects in development at Lionsgate, “White Girl
Problems” and “Heist Society;” and “Dirty Rush” at Tristar. In the
digital space the company produced “Resident Advisors” a digital
comedy series with Paramount Digital which premiered on HULU in
2015. In 2009, Brownstone produced the sci-fi thriller “The
Surrogates,” which starred Bruce Willis.
Originally from Massachusetts, Banks received her Bachelor’s
Degree from the University of Pennsylvania and her Graduate Degree
at the American Conservatory Theater. She is an avid supporter of
Hilary Clinton and has supported her throughout her campaign as
well as produced the popular “Fight Song” campaign video to Rachel
Platten’s hit song. She is involved with many charities which
include LA’s Best, Temple Israel of Hollywood, Planned Parenthood,
The First Lady’s Reach Higher Initiative, Heifer International,
Intrepid Fallen Heroes Fund, and Turnaround Arts. She currently
resides in Los Angeles.
About David Gordon Green
David Gordon Green grew up in Dallas, Texas and has been a film
lover as long as he can remember, but things really kicked off for
him when he was fourteen years old and worked as an extra in Oliver
Stone’s film Born on the Fourth of July (David can be spotted
wiggling his eyebrows behind the dugout fence in one of the opening
baseball scenes). After graduating from North Carolina School of
the Arts, he garnered the Best First Film Award from the New York
Film Critics Circle and the Discovery Award at the Toronto
International Film Festival with his directorial debut film, George
Washington. Since this film he as bounced between comedic and
dramatic work and works in both independent and studio features.
Some of his film credits include: All the Real Girls, Pineapple
Express, Your Highness, Prince Avalanche, Joe, Mangelhorn, Our
Brand is Crisis and Stronger. His directorial work in television
includes the HBO series Eastbound and Down and Vice Principals, the
Amazon series Red Oaks, and the Hulu series There’s Johnny.
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 four decades, State Street Global Advisors has served the
world’s governments, institutions and financial advisors. With a
rigorous, risk-aware approach built on research, analysis and
market-tested experience, we build from a breadth of active and
index strategies to create cost-effective solutions. As stewards,
we help portfolio companies see that what is fair for people and
sustainable for the planet can deliver long-term performance. And,
as pioneers in index, ETF, and ESG investing, we are always
inventing new ways to invest. As a result, we have become the
world’s third largest asset manager with nearly US $2.72 trillion*
under our care.
*This figure is presented as of June 30, 2018 and includes
approximately $53 billion of assets with respect to SPDR products
for which State Street Global Advisors Funds Distributors, LLC
(SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
All ETFs are subject to risk, including possible loss of
principal. Sector ETF products are also subject to sector risk and
non-diversification risk, which generally result in greater price
fluctuations than the overall market.
Select Sector SPDR Funds bear a higher level of risk than more
broadly diversified funds.
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.
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.
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.
ALPS Distributors, Inc. (fund distributor); State Street Global
Advisors Funds Distributors, LLC (marketing agent).
Before investing, consider the funds’ investment objectives,
risks, charges and expenses. To obtain a prospectus or summary
prospectus which contains this and other information, visit
spdrs.com to download a prospectus or summary prospectus or call
800.997.7327. Read it carefully before investing.
2188901.1.1.NA.RTL
State Street Global Advisors, One Lincoln Street, Boston, MA
02111-2900.
© 2018 State Street Global Advisors - All Rights Reserved
1 Morningstar as of 6/30/18. Based on funds in the Morningstar
Mid-Cap Blend Category (oldest share class). Rankings are based on
returns after taxes that are net of all fees, maximum federal tax
rate (39.6%) and applicable sales loads. Rankings reflecting lower
tax rates would have resulted in less favorable results for
exchange traded funds due to their tax efficiency. Funds did not
outperform for all periods . MDY’s 1 year peer group percentile is
25% (44 of 182 funds), 152 funds for 3 years, 136 funds for 5 years
and 114 funds for 10 years. Past performance is no guarantee of
future results.
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State Street CorporationAndrew Hopkins, +1
617-664-2422Ahopkins2@StateStreet.com
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