| Investment Objective: |
State Street Income Allocation ETF (the "Fund") seeks to provide total return by focusing on investments in income and yield-generating assets. SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM") primarily invests the assets of the Fund among exchange traded products ("ETPs") that provide exposure to five primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment-grade and high yield debt securities (commonly known as "junk" bonds); (iii) hybrid equity/debt securities (such as preferred stock and convertible securities); (iv) first lien senior secured floating rate bank loans, commonly referred to as "Senior Loans"; and (v) real estate investment trusts ("REITs"), including equity REITs and mortgage REITs. The allocations to each asset class will change over time as the Adviser's expectations of each asset class shift. The Fund's indirect holdings by virtue of investing in ETPs representing these asset classes will consist of a diversified mix of domestic and international, including emerging markets, equity securities, investment-grade and high yield government and corporate bonds, hybrid securities such as preferred stock and convertible securities, inflation protected securities, Senior Loans and REITs. |
