| Investment Objective: |
State Street SPDR Portfolio S&P 600 Small Cap ETF seeks to tracks the performance of small capitalization exchange traded US equity securities. In seeking to track the performance of the S&P SmallCap 600 Index, Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index. The Index measures the performance of the small-capitalization segment of the U.S. equity market. To be included in the Index, a security should (i) have an annual dollar value traded to float-adjusted market capitalization ratio of 0.75 or greater at the time of addition to the S&P Composite 1500 Index (ii) trade a minimum of 250,000 shares in each of the six months leading up to the evaluation date; (iii) have a public float of at least 10%; and (iv) have positive aggregate earnings over the four most recent quarters and for the most recent quarter. In selecting securities for inclusion in the Index, the Index Provider also considers sector balance by comparing the weight of each GICS sector in the Index to its weight in the relevant market capitalization range of the S&P Total Market Index. |
