Sales & Client Service Hong Kong Singapore Media

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1 September 2015 Sales & Client Service Hong Kong Singapore Media Pieter Bakker Hong Kong State Street Global Advisors Asia Limited 68th Floor, Two International Finance Centre 8 Finance Street, Central, Hong Kong spdrs.com.hk Singapore State Street Global Advisors Singapore Limited 168 Robison Road #33-01 Capital Tower Singapore spdrs.com.sg The information contained in this document does not constitute an offer or solicitation to invest and may not be treated as an offer or solicitation to purchase shares of SPDR ETFs in any jurisdiction. SPDR ETFs may be offered and sold only in those jurisdictions where authorized, in compliance with applicable regulations. Information obtained from external sources is believed to be reliable and is as of the date of publication but is subject to change. This information must not be used in any jurisdiction where prohibited by law and must not be used in a way that would be contrary to local law or legislation. No investment advice, tax advice, or legal advice is provided herein. Prior to investing in any SPDR ETF, please visit the appropriate website at one of the following URLs: spdrs.com, spdrseurope.com, spdrs.com.au, spdrs.com.hk, spdrs.jp, spdrs.com.sg, or your local SSGA office, to obtain a prospectus describing the investment objectives, risks, charges and expenses of SPDR ETFs and to learn where SPDR ETFs are authorized for sale. Read it carefully. Unless otherwise noted, all data and statistical information were obtained from Morningstar and SSGA as of 9/30/2015. Data in tables have been rounded to whole numbers, except for percentages, which have been rounded to the nearest tenth of a percent.

2 Snapshot Overview: Includes Data for Every Region Available -2.0% Asset Value 5,543 ETFs $2.7TN Asset Change Month to Date Flows Month to Date $26.7BN Global ETF Asset Growth YTD 2015 Assets ($ TN) Number of ETFs 4,437 4,938 5,233 5,279 5,543 State Street Global Advisors Highlights, August 2015 US equity indices were down in the month of September led by the S&P Small Cap Index which was down 3.5%. The S&P 500 and S&P Mid Cap were also down for the month 2.5% and 3.2%, respectively. The strongest performing index of the bunch was the Dow Jones US Select REIT Index which had positive performance of 3.4% in September. Fixed income indices had mixed returns in September. The Barclays High Yield and Government Inflation indices were down 2.6% and 0.7% while the US Aggregate was up 0.7%. State Street Global Advisors 2

3 ETF Industry Detail Global ETF Listing Region In equities, US funds were the clear leader of investor inflow with more than $7.5BN across all equity ETFs. Japan and European equity ETFs also had very strong inflow in July with $3.3BN and $5.5BN, respectively. Healthcare ETFs saw the most outflows of any category with almost $1.5BN of outflow this month. Year-todate, equities as a global asset class has taken in almost $160.0BN of inflows. Fixed income ETFs had net inflows this month with the majority of assets moving into US fixed income. US had inflows of nearly $10.0BN and Euro fixed income saw a modest inflow above $800.0MM come in throughout the month. Commodity ETFs had net inflows in September after a strong August. As an asset class, commodities saw almost $650.0MM in outflow which was spread across energy, precious metals, and broad classes. Global Regions # of ETFs AUM (USD MM) (USD MTD MM) (USD YTD MM) United States 1,789 1,986,273 16, ,028 Europe 2, ,337 1,910 58,786 Asia ,280 7,202 36,679.2 Canada ,425 1,332 9,131 Oceania , ,229 Latin America Africa 44 2, Middle East 43 4, ,469 Grand Total 5,543 2,718,085 26, ,069 Global Performance by Asset Class US equity indices were down in the month of September led by the S&P Small Cap Index which was down 3.5%. The S&P 500 and S&P Mid Cap were also down for the month 2.5% and 3.2%, respectively. Fixed income indices had mixed returns in September. The Barclays High Yield and Government Inflation indices were down 2.6% and 0.7% while the US Aggregate was up 0.7%. The strongest performing index of the bunch was the Dow Jones US Select REIT Index which had positive performance of 3.4% in September Index/Asset Class 1 MONTH (%) 1 QUARTER (%) YTD (%) 1 YEAR (%) Barclays US High Yield - Corporate Barclays US Govt Inflation-Linked Barclays US Aggregate Credit - Corporate - Investment Grade Barclays US Aggregate Barclays US Aggregate Government - Treasury SPDR DB INTL GVT I-PT BOND ETF Index Barclays Global Aggregate Barclays Global Treasury x US Dow Jones US Select REIT - Total Return S&P Total Return S&P MidCap - Total Return S&P SmallCap - Total Return MSCI AC World IMI - Net Return MSCI EAFE - Net Return MSCI EMF (Emerging Markets ) - Net Return S&P Developed x United States <2B - Net Return S&P Emerging Markets <2B - Net Return State Street Global Advisors 3

4 Index/Asset Class 1 MONTH (%) 1 QUARTER (%) YTD (%) 1 YEAR (%) London Gold (PM Fixing $/ozt) - Price Bloomberg Commodity Index - Total Return Source: S&P, MSCI, Barclays, FactSet, as of 9/30/2015. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income. It is not possible to invest directly in an index. Past performance does not guarantee future results. State Street Global Advisors 4

5 Global Flows Global ETF Flows by Asset Class Equities were the clear leader in investors flows among all other asset classes with almost $13.0BN of inflows in September. Year-to-date, equities have seen almost $160.0BN of inflows. Fixed income ETFs had $11.5BN of inflow this month after a month of positive flows in August. Fixed income ETFs are net positive inflows for the year with almost $68.0BN since January. Most of the other asset classes were relatively flat in July with the exception of alternatives which saw almost $2.6BN of inflow this month and commodities which had net outflow of about $642.1MM. Asset Class - Investment Exposure # of ETFs AUM (USD MM) MTD Asset YTD Asset (USD MTD MM) MTD Flows as % of Assets (USD YTD MM) YTD Flows as % of Assets Allocation Aggressive Allocation Allocation Cautious Allocation Flexible Allocation Moderate Allocation Target Date Target Date , , , , , Alternative 1,039 68, , , Currency 27 2, Long/Short Equity 16 1, Market Neutral Multialternative 11 1, Other Alternative 94 13, , Trading Tools , , , Commodities , , Commodities Agriculture 90 2, Commodities Broad Basket 84 11, Commodities Energy 97 6, , Commodities Industrial Metals Commodities Other Commodities Precious Metals , , Convertibles 4 3, Equity 3,008 2,060, , , Africa Equity 30 1, Asia Equity 13 3, Asia ex-japan Equity 56 11, , Australia & New Zealand Equity Australia Equity 37 5, , Brazil Equity 25 1, State Street Global Advisors 5

6 Asset Class - Investment Exposure # of ETFs AUM (USD MM) MTD Asset YTD Asset (USD MTD MM) MTD Flows as % of Assets (USD YTD MM) YTD Flows as % of Assets Canadian Equity Large Cap 43 15, Canadian Equity Mid/Small Cap Communications Sector Equity 25 2, Consumer Goods & Services Sector Equity 88 38, , Emerging Markets Equity Energy Sector Equity , , , , Europe Equity Large Cap , , , Europe Equity Mid/Small Cap 26 4, , Financials Sector Equity Global Equity 92 41, , , Global Equity Large Cap , , Global Equity Mid/Small Cap 24 10, , Greater China Equity Healthcare Sector Equity India Equity , , , , , , , Industrials Sector Equity 64 12, , Islamic Equity Israel Equity Japan Equity Korea Equity Latin America Equity , , , , , , Mexico Equity 12 3, , Natural Resources Sector Equity 42 10, , New Zealand Equity Other Asia Equity Other Equity Other Europe Equity , , , , Other Sector Equity 76 6, Precious Metals Sector Equity 26 7, , Real Estate Sector Equity Singapore Equity South American Equity Taiwan Equity Technology Sector Equity Thailand Equity UK Equity Large Cap 79 63, , , , , UK Equity Mid/Small Cap 7 2, US Equity Large Cap Blend , , , State Street Global Advisors 6

7 Asset Class - Investment Exposure # of ETFs AUM (USD MM) MTD Asset YTD Asset (USD MTD MM) MTD Flows as % of Assets (USD YTD MM) YTD Flows as % of Assets US Equity Large Cap Growth , , US Equity Large Cap Value US Equity Mid Cap US Equity Small Cap Utilities Sector Equity , , , , , , , , Fixed Income , , , Africa Fixed Income Asia Fixed Income Asia Pacific Fixed Income Australia Fixed Income , , Canada Fixed Income 59 17, , Emerging Markets Fixed Income 39 17, Euro Fixed Income , , Global Fixed Income High Yield Fixed Income India Fixed Income Inflation Linked Israel Fixed Income 46 12, , , , , , Mexico Fixed Income Other Europe Fixed Income 14 2, Other Fixed Income Sterling Fixed Income Thailand Fixed Income US Fixed Income 30 2, , , , , , Miscellaneous 143 1, Money Market 28 6, , Africa Money Market Asia Money Market Australia Money Market Canada Money Market , Euro Money Market 4 1, Other Europe Money Market 12 3, Property Tax Preferred 34 16, , US Municipal Fixed Income 34 16, , Unclassified State Street Global Advisors 7

8 Asset Class - Investment Exposure # of ETFs AUM (USD MM) MTD Asset YTD Asset (USD MTD MM) MTD Flows as % of Assets (USD YTD MM) YTD Flows as % of Assets Grand Total 5,543 2,718, , , State Street Global Advisors 8

9 ETF Manager & Fund Detail ETF Family # of ETFs AUM (USD MM) Market Share (%) (USD MTD MM) (USD YTD MM) ishares 764 1,029, ,900 77,190 Vanguard , ,392 59,138 State Street , ,276 PowerShares , ,031-2,419 Nomura 60 59, ,696 17,732 db X-trackers , ,840 WisdomTree 89 53, ,311 19,676 Lyxor , ,158 First Trust , ,707 Schwab 21 34, ,148 9,745 UBS , ,411 Guggenheim 73 27, ProShares , ,373 2,955 Nikko AM 22 24, ,798 Daiwa 34 22, ,184 This table includes the top 15 ETF mangers in terms of global market share (%). State Street Global Advisors 9

10 Appendix Index Definitions* Barclays Global Aggregate The Global Aggregate Index provides a broad-based measure of the global investment-grade fixed-rate debt markets. The Global Aggregate Index contains three major components: the U.S. Aggregate Index (USD 300 million), the Pan-European Aggregate Index (EUR 300 million), and the Asian-Pacific Aggregate Index (JPY 35 billion). In addition to securities from these three benchmarks (94.9% of the overall Global Aggregate market value), the Global Aggregate Index includes Global Treasury, Eurodollar (USD 300 million), Euro-Yen (JPY 35 billion), Canadian (USD 300 million equivalent), and Investment-Grade 144A (USD 300 million) index-eligible securities not already in the three regional aggregate indices. Barclays Global Treasury Ex-US Capped Index The Barclays Global Treasury Ex-US Capped Index tracks fixed-rate, local currency sovereign debt of investment-grade countries outside the United States. Barclays US Aggregate Credit Corporate Investment Grade The Index is designed to measure the performance of US corporate bonds that have a maturity of greater than or equal to 1 year. The Index is a component of the Barclays US Aggregate Index and includes investment grade, fixed-rate, taxable, US dollar-denominated debt with $250 million or more par amount outstanding, issued by US and non-us industrial, utility, and financial institutions. The Index is rebalanced monthly, on the last day business day of the month. Barclays US Aggregate Government Treasury The Barclays US Aggregate Index provides a measure of the performance of the US dollar denominated investment grade bond market, which includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moody s Investor Service, Inc., Standard & Poor s, and Fitch Inc.) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and asset backed securities that are publicly for sale in the United States. The securities in the US Aggregate Index must have at least 1 year remaining to maturity and must have $250 million or more of outstanding face value. Asset backed securities must have a minimum deal size of $500 million and a minimum tranche size of $25 million. For commercial mortgage backed securities, the original aggregate transaction must have a minimum deal size of $500 million, and a minimum tranche size of $25 million; the aggregate outstanding transaction sizes must be at least $300 million to remain in the index. In addition, the securities must be US dollar denominated, fixed rate, non convertible, and taxable. Certain types of securities, such as flower bonds, TINs, and state and local government series bonds are excluded from the US Aggregate Index. Also excluded from the US Aggregate Index are structured notes with embedded swaps or other special features, private placements, floating rate securities and Eurobonds. The US Aggregate Index is market capitalization weighted and the securities in the Index are updated on the last business day of each month. Barclays US Aggregate Index The Barclays US Aggregate Index represents the securities of the US dollar-denominated, investment grade bond market. The Index provides a measure of the performance of the US dollardenominated, investment grade, bond market, which includes investment grade (must be Baa3/BBB- or higher using the middle rating of Moody s Investor Service, Inc., Standard & Poor s, and Fitch Rating) government bonds, investment grade corporate bonds, mortgage pass through securities, commercial mortgage backed securities and asset backed securities that are publicly offered for sale in the United States. Barclays US Government Inflation-Linked Bond Index The Barclays US Government Inflation-linked Bond Index measures the performance of the inflation-protected public obligations of the US Treasury. Inflation-protected public obligations of the US Treasury, commonly known as TIPS, are securities issued by the US Treasury that are designed to provide inflation protection to investors. The Index includes publicly-issued, US Treasury inflation-protected securities that have at least 1 year remaining to maturity on index rebalancing date, with an issue size equal to or in excess of $500 million. Barclays US High-Yield Corporate The Index measures the market of USD-denominated, non-investment grade, fixed-rate, taxable corporate bonds. Securities are classified as high yield if the middle rating of Moody s, Fitch, and S&P is Ba1/BB+/BB+ or below, excluding emerging market debt. The US Corporate High-Yield Index was created in DB Global Government Ex-Us Inflation-Linked Bond Capped-Index The DB Global Government ex-us Inflation-Linked Bond Capped Index measures the total return performance of inflation-linked government bonds from developed and emerging market countries outside of the United States. The Index includes government debt (direct obligations of the issuer country) but does not include quasi-government debt or corporate debt. Bloomberg Commodity Index, BCOM The Bloomberg Commodity Index, BCOM is a broadly diversified index that allows investors to track commodity futures through a single, simple measure. The index is composed of futures contracts on physical commodities. Commodity weightings are based on production and liquidity, State Street Global Advisors 10

11 subject to weighting restrictions applied annually such that no related group of commodities constitutes more than 33% of the index and no single commodity constitutes more than 15% or less than 2% of the index. Dow Jones US Select REIT Index The Dow Jones US Select REIT Index is comprised of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of The Index is generally rebalanced monthly, and returns are calculated on a buy and hold basis except as necessary to reflect the occasional occurrence of Index changes in the middle of the month. Each REIT in the Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security which reflects that portion of securities shares that are accessible to investors. Gold (London PM Fix) The London Gold Fix involves gold dealers from London's five biggest bullion banks establishing a common transaction price for a large pool of purchase and sale orders. They do this twice each business day first at 10:30am (the Morning Fix) and then again at 3pm (the Afternoon Fix). MSCI AC World IMI The MSCI ACWI IMI Index is a free float-adjusted market capitalization-weighted index that is designed to measure the combined equity market performance of developed and emerging markets. The Index covers approximately 98% of the global equity investment opportunity set. MSCI EAFE Index The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the US & Canada. As of May 30, 2011, the MSCI EAFE Index consists of the following 22 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. MSCI Emerging Markets (EM) Index The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. As of May 31, 2015, the MSCI Emerging Markets Index consists of the following 23 emerging market country indices: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Russia, Qatar, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. S&P 500 Index The S&P 500 Index is composed of 500 selected stocks, all of which are listed on the Exchange, the NYSE or NASDAQ, and spans over 24 separate industry groups. Since 1968, the S&P 500 Index has been a component of the US Commerce Department s list of Leading Indicators that track key sectors of the US economy. Current information regarding the market value of the S&P 500 Index is available from market information services. The S&P 500 Index is determined, comprised and calculated without regard to the Trust. S&P Developed Ex United States <2BN The S&P Developed Ex-US Under USD 2 Billion is a market capitalization weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the US The Developed Small Cap Index is float adjusted, meaning that only those shares publicly available to investors are included in the Developed Small Cap Index calculation. S&P Emerging Markets <2BN Index S&P Emerging Markets Under USD 2 Billion Index is a floatadjusted, market cap-weighted index that represents the small capitalization segment of emerging countries included in the S&P Global BMI Index. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million. S&P MidCap 400 Index The S&P MidCap 400 Index covers over 7% of the US equities market, and is part of a series of S&P US indices. Included in the index are companies with market cap in the range of US $1 billion to US $4.5 billion. This range is reviewed from time to time to ensure consistency with market conditions. The index also includes companies that should have four consecutive quarters of positive as-reported earnings, whereas-reported earnings are defined as GAAP Net Income excluding discontinued operations and extraordinary items. S&P SmallCap 600 Index The S&P SmallCap 600 Index measures the performance of the small-capitalization sector in the US equity market. The selection universe for the Index includes all US common equities listed on the NYSE, NASDAQ Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $250 million and $1.2 billion. The Index is float-adjusted and market capitalization weighted. *One cannot invest directly in an index. State Street Global Advisors 11

12 ssga.com For Public Use. State Street Global Advisors Worldwide Entities Australia: State Street Global Advisors, Australia, Limited (ABN ) is the holder of an Australian Financial Services Licence (AFSL Number ). Registered Office: Level 17, 420 George Street, Sydney, NSW 2000, Australia. T: F: SSGA Australia s Responsible Entity is State Street Global Advisors, Australia Services Limited (ABN ) (AFSL number ) Registered office: Level 17, 420 George Street, Sydney, NSW 2000, Australia. Belgium: State Street Global Advisors Belgium, Chausse de La Hulpe 120, 1000 Brussels, Belgium. T: , F: SSGA Belgium is a branch office of State Street Global Advisors Limited. State Street Global Advisors Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Canada: State Street Global Advisors, Ltd., 770 Sherbrooke Street West, Suite 1200 Montreal, Quebec, H3A 1G1, T: and 30 Adelaide Street East Suite 500, Toronto, Ontario M5C 3G6. T: Dubai: State Street Bank and Trust Company (Representative Office), Boulevard Plaza 1, 17th Floor, Office 1703 Near Dubai Mall & Burj Khalifa, P.O Box 26838, Dubai, United Arab Emirates. T: +971 (0) F: +971 (0) France: State Street Global Advisors France. Authorised and regulated by the Autorité des Marchés Financiers. Registered with the Register of Commerce and Companies of Nanterre under the number: Registered Office: Immeuble Défense Plaza, rue Delarivière- Lefoullon, Paris La Défense Cedex, France. T: F: Germany: State Street Global Advisors GmbH, Brienner Strasse 59, D Munich. T: +49 (0) F: +49 (0) Hong Kong: State Street Global Advisors Asia Limited, 68/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong. T: F: Ireland: State Street Global Advisors Ireland Limited is regulated by the Central Bank of Ireland. Incorporated and registered in Ireland at Two Park Place, Upper Hatch Street, Dublin 2. Registered Number: Member of the Irish Association of Investment Managers. T: +353 (0) F: +353 (0) Italy: State Street Global Advisors Limited, Milan Branch (Sede Secondaria di Milano) is a branch of State Street Global Advisors Limited, a company registered in the UK, authorised and regulated by the Financial Conduct Authority (FCA ), with a capital of GBP 71'650'000.00, and whose registered office is at 20 Churchill Place, London E14 5HJ. State Street Global Advisors Limited, Milan Branch (Sede Secondaria di Milano), is registered in Italy with company number R.E.A and VAT number and whose office is at Via dei Bossi, Milano, Italy Telephone: Facsimile: Japan: State Street Global Advisors (Japan) Co., Ltd., Japan, Toranomon Hills Mori Tower 25F, Toranomon, Minato-ku, Tokyo, T: +81 (0) Financial Instruments Business Operator, Kanto Local Financial Bureau (Kinsho #345) Membership: Japan Investment Advisers Association, The Investment Trust Association, Japan, Japan Securities Dealers' Association. Netherlands: State Street Global Advisors Netherlands, Adam Smith Building, Thomas Malthusstraat 1-3, 1066 JR Amsterdam, Netherlands. T: +31 (0) State Street Global Advisors Netherlands is a branch office of State Street Global Advisors Limited. State Street Global Advisors Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Singapore: State Street Global Advisors Singapore Limited, 168 Robinson Road, #33-01 Capital Tower, Singapore (Company Registered Number: D). T: F: Switzerland: State Street Global Advisors AG, Beethovenstrasse. 19, Postfach, CH-8027 Zurich. T: +41 (0) F: +41 (0) United Kingdom: State Street Global Advisors Limited. Authorised and regulated by the Financial Conduct Authority. Registered in England. Registered Number: VAT Number: Registered Office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. T: F: United States: State Street Global Advisors, One Lincoln Street, Boston, MA T: State Street Global Advisors 12

13 ssga.com Important Risk Information ETFs trade like stocks, are subject to investment risk, 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. This material or any portion thereof may not be reprinted or redistributed without the written consent of State Street Global Advisors. The views expressed here are those of the Intermediary Business Group of State Street Global Advisors and are subject to change based on market and other conditions. The information we provide does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell any security. It does not take into account any investor s particular investment objectives, strategies, tax status or investment horizon. All material has been obtained from sources believed to be reliable but its accuracy is not guaranteed. There is no representation nor warranty as to the current accuracy of such information, nor liability for decisions based on such information. Past performance is no guarantee of future results. Unless otherwise noted, all data and statistical information were obtained from Morningstar and SSGA as of 9/30/2015. Barclays is a trademark of Barclays, the investment banking division of Barclays Bank PLC ( Barclays ), and has been licensed for use in connection with the listing and trading of the SPDR Barclays ETFs. The products are not sponsored by, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of investing in them. Standard & Poor s and S&P are registered trademarks of Standard & Poor s Financial Services LLC ( S&P ) and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ) and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed by SSGA. The Dow Jones US Select REIT Index is a product of S&P Dow Jones Indices LLC, and has been licensed by SSGA. The MSCI EAFE Index, MSCI EM (EMERGING MARKETS) Index and MSCI ACWISM EX USA INDEX are trademarks of MSCI Inc. 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. Web: spdrs.com, spdrseurope.com, spdrs.com.au, spdrs.com.hk, spdrs.jp, spdrs.com.sg Past performance does not guarantee future results. The Commodity Indexes SM are a joint product of DJI Opco, LLC ( Dow Jones Opco ), a subsidiary of S&P Dow Jones Indices LLC, and UBS Securities LLC ( UBS ), and have been licensed for use by SSGA. Dow Jones and DJ are trademarks of Dow Jones Trademark Holdings LLC. UBS is a registered trademark of UBS AG State Street Corporation. All Rights Reserved. State Street Global Advisors IBG Exp. Date: 10/31/2016