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Important Information

Please read this disclaimer carefully.

This site is intended for use by US Investment Professionals as defined by FINRA (conduct rules and interpretive materials) and the Investment Advisers Act of 1940, as amended. For the purposes of this site, "US Investment Professional" is defined as:

• A bank, savings and loan association, insurance company, or registered investment company
• An investment adviser registered either with the securities and exchange commission or with a state securities commission (or any agency or office performing like functions)
• Any other entity (whether a natural person, corporation, partnership, trust, or otherwise) with total assets of at least $50 million
• A governmental entity or subdivision thereof
• Employee benefit plan that meets the requirements of Section 403(b) or Section 457 of the internal revenue code and has at least 100 participants, but does not include any participant of such plan
• Qualified plan, as defined by Section 3(a)(12)(c) of the act, that has at least 100 participants, but does not include any participant of such a plan
• FINRA member or registered associated person of such member or
• Any person acting solely on behalf of any of the above

If you are not a US Investment Professional, please visit http://www.globalspdrs.com/

By clicking the 'I am a US Investment Professional' checkbox, you acknowledge that you accept and agree to be bound by the terms of this site.

Important Risk Information

State Street Global Advisors and its affiliates (“SSGA”) have not taken into consideration the circumstances of any particular investor in producing this material and are not making an investment recommendation or acting in fiduciary capacity in connection with the provision of the information contained herein. To the extent that the recipient (“you”) of this communication is a fiduciary for purposes of the U.S. Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or the U.S. Internal Revenue Code of 1986, as amended (the “Code”), with respect to transactions entered into with plans, plan fiduciaries, plan participants or beneficiaries, individual retirement accounts involving any of the products or services referenced herein, you acknowledge that: (i) you are acting in a fiduciary capacity under ERISA or the Code, or both, with respect to such transactions and are responsible for exercising independent judgment in evaluating such transactions; (ii) there is no financial interest, ownership interest or other relationship, agreement or understanding between you and SSGA that would limit your ability to carry out such a fiduciary responsibility to any of your clients beyond the control, direction or influence of other persons involved in the transaction; (iii) you are capable of evaluating investment risks independently, both in general and with regard to particular transactions and investment strategies; (iv) you are a bank, insurance carrier, investment adviser, broker‐dealer, or hold or manage assets of $50 million dollars or more, or are another similar institution, each as described in 29 C.F.R. § 2510.3‐ 21(c)(1)(i); and (v) SSGA earns revenue from the sale of its investment products, including any referenced herein.

ETFs trade like stocks, 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.

State Street Global Advisors and its affiliates have not taken into consideration the circumstances of any particular investor in producing this material and are not making an investment recommendation or acting in fiduciary capacity in connection with the provision of the information contained herein.

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, Dow Jones, 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 Advisors Fund Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates.

ALPS Distributors, Inc., a registered broker-dealer, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, and all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc. is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Markets, LLC.

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 866.787.2257 or visit www.ssga.com. Read it carefully.

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State Street Global Advisors, One Iron Street, Boston MA 02210

3762802.1.1.AM.RTL
Exp. Date: 9/30/2022