SPDR® ETF Family Announces Impact of Receiving Settlement Payments
2009年12月29日 - 7:10AM
ビジネスワイヤ(英語)
The SPDR® S&P 500 ETF (SPDR Trust, Series I, NYSE:SPY -
News), The Health Care Select Sector SPDR® Fund (NYSE: XLV- News)
and SPDR® Dow Jones Large Cap Growth ETF (NYSE: ELG- News)
announced today that each Fund received payments as authorized
claimants from a class action settlement related to UnitedHealth
Group, Inc.
The total amount payable to each Fund is listed below. The
calculation of each Fund’s net asset value (“NAV”) per share is
estimated to be impacted by the receipt of the corresponding
payment in the amount stated below based on the shares outstanding
as of December 24, 2009.
Fund
SettlementPayment
SharesOutstanding as ofDecember
24, 2009
Per ShareAmount
SPDR® S&P 500 ETF $ 11,288,021
767,932,116 $ 0.0147
The Health Care SelectSector SPDR®
Fund
$ 1,794,015 90,215,324
$ 0.0199
SPDR® Dow JonesLarge Cap Growth
ETF
$ 42,824 3,850,130
$ 0.0111
State Street manages more than $178.6 billion in SPDR ETF assets
worldwide (as of September 30, 2009) and is one of the largest ETF
providers in the U.S. and globally.
About State Street Global Advisors
State Street Global Advisors, the investment management arm of
State Street Corporation, delivers investment strategies and
integrated solutions to clients worldwide across every asset class,
investment approach and style. With $1.7 trillion in assets
under management as of September 30, 2009, State Street Global
Advisors has investment centers in Boston, Hong Kong, London,
Montreal, Munich, Paris, Singapore, Sydney, Tokyo, Toronto and
Zurich, and offices in 27 cities worldwide. For more information,
visit State Street Global Advisors at www.ssga.com.
Note to Editors: SPDR® Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of
international and domestic asset classes. SPDR ETFs provide
professional investors with the flexibility to select investments
that are precisely aligned to their investment strategy. Recognized
as the industry pioneer, State Street—in partnership with the
American Stock Exchange—created the first ETF in 1993 (SPDR S&P
500 – Ticker SPY). Since then, we’ve sustained our place as an
industry innovator through the introduction of many ground-breaking
products, including first-to-market successes with gold,
international real estate, international fixed income and sector
ETFs. SPDR ETFs are managed or marketed by SSgA or SSgA Funds
Management, Inc, a registered investment adviser and wholly owned
subsidiary of State Street Bank and Trust Company.
ETFs trade like stocks, are subject to investment risk and
will fluctuate in market value.
Because of their narrow focus, sector funds tend to be more
volatile than funds that diversify across many sectors and
companies.
Frequent trading of ETFs could significantly increase
commissions and other costs such that they may offset any savings
from low fees or costs.
The “SPDR” trademark is used under license from The McGraw-Hill
Companies, Inc. (“McGraw-Hill”). No financial product offered by
State Street Corporation or its affiliates is sponsored, endorsed,
sold or promoted by McGraw-Hill. S&P® is a trademark of
McGraw-Hill and has been licensed for use by State Street Bank and
Trust Company.
Distributor: State Street Global Markets, LLC, member FINRA,
SIPC, a wholly owned subsidiary of State Street Corporation. ALPS
Distributors, Inc., a registered broker-dealer, is distributor for
SPDR S&P 500, MidCap SPDRs and Dow Diamonds, all unit
investment trusts and Select Sector SPDRs. References to State
Street may include State Street Corporation and its affiliates.
Certain State Street affiliates provide services and receive fees
from the SPDR ETFs.
Before investing, consider the funds’ investment objectives,
risks, charges and expenses. To obtain a prospectus which contains
this and other information call 1-866-787-2257 or visit
www.spdr.com. Read it carefully.
CORP-0040
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