| Investment Objective: |
State Street Consumer Discretionary 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 Consumer Discretionary Select Sector 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 Consumer Discretionary companies by the Global Industry Classification Standard (GICS ), including securities of companies from the following industries specialty retail broadline retail hotels, restaurants and leisure textiles, apparel and luxury goods household durables automobiles automobile components distributors leisure products and diversified consumer 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. |
