| Investment Objective: |
State Street Energy Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Energy Select Sector Index. In seeking to track the performance of the Index, the Fund employs a replication strategy, which means that the Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index. The Index includes companies that have been identified as Energy companies by the Global Industry Classification Standard (GICS ), including securities of companies from the following industries oil, gas and consumable fuels and energy equipment and services. The Index is one of eleven Select Sector Indexes developed and maintained in accordance with the following criteria (1) each of the component securities in the Index is a constituent of the S&P 500 Index and (2) the Index is calculated by S&P Dow Jones Indices LLC ("S&P DJI") based on a proprietary "modified market capitalization" methodology. |
