The total amount payable to the Fund is listed below. When the Fund calculates its net asset value (“NAV”) per share on
|Per Share Amount|
|SPDR® S&P Biotech ETF||7,500,000|
* Assets under management include the assets of the SPDR® Gold ETF (approximately
Note to Editors: 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—in partnership with the American Stock Exchange—created the first ETF in 1993 (
Risk associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.
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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.
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.
Because of their narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies.
The Fund invests by sampling the Index, holding 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.
Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information call 1-866-787-2257 or visit www.spdr.com. Read it carefully.
Expiration Date -