State Street Global Advisors Announces Changes To Indices Of Two SPDR® ETFs

State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), today announced that the underlying indices tracked by the SPDR Russell 1000 Low Volatility ETF (LGLV) and the SPDR Russell 2000 Low Volatility ETF (SMLV) will be changed, as a result of FTSE Russell's decision to terminate, as of December 16, 2016, the Russell 1000® Low Volatility Index and the Russell 2000 Low Volatility Index.

SSGA is introducing proprietary indices that will replace the two Russell Indexes that are being terminated. Beginning on or about December 14, 2016, the name of the SPDR Russell 1000 Low Volatility ETF (LGLV) will change to the SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) and LGLV will seek to track the SSGA US Large Cap Low Volatility Index. Also beginning on or about December 14, 2016, the name of the SPDR Russell 2000 Low Volatility ETF (SMLV) will change to the SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and SMLV will seek to track the SSGA US Small Cap Low Volatility Index. The gross and net expense ratios of both funds will remain unchanged at 0.12 percent.

"We are excited to leverage our extensive index capabilities, as well as quantitative driven research, to offer an innovative solution for investors who seek to mitigate volatility in an uncertain market," said Nick Good, co-head of the Global SPDR business at State Street Global Advisors. "By self-indexing we can continue to offer proprietary small-and-large cap low volatility ETFs to our current and future SPDR clients."

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® - Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit www.spdrs.com.

About State Street Global Advisors

For nearly four decades, State Street Global Advisors has been committed to helping financial professionals and those who rely on them achieve their investment objectives. We partner with institutions and financial professionals to help them reach their goals through a rigorous, research-driven process spanning both active and index disciplines. We take pride in working closely with our clients to develop precise investment strategies, including our pioneering family of SPDR ETFs. With trillions* in assets under management, our scale and global footprint provide unrivaled access to markets and asset classes, and allow us to deliver expert insights and investment solutions.

State Street Global Advisors is the investment management arm of State Street Corporation.

*Assets under management were $2.4 trillion as of September 30, 2016. AUM reflects approx. $40 billion (as of 9/30/2016) with respect to which State Street Global Markets, LLC (SSGM) serves as marketing agent; SSGM and State Street Global Advisors are affiliated.

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.

While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

Returns on investments in stocks of large U.S. companies could trail the returns on investments in stocks of smaller and mid-sized companies.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies. Returns on investments in stocks of small companies could trail the returns on investments in stocks of larger companies.

Although subject to the risks of common stocks, low volatility stocks are seen as having a lower risk profile than the overall markets. However, a portfolio comprised of low volatility stocks may not produce investment exposure that has lower variability to changes in such stocks' price levels.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

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.

The Russell 1000 ® Low Volatility Index and Russell 2000 ® Low Volatility Index are trademarks of Russell Investment Group and have been licensed for use by State Street Bank and Trust Company through its State Street Global Advisors Division. The Products are not sponsored, endorsed, sold or promoted by Russell Investment Group and Russell Investment Group makes no representation regarding the advisability of investing in the Product.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. 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 or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com . Read it carefully.

Not FDIC Insured • No Bank Guarantee • May Lose Value

CORP-2401

Exp. Date: 11/30/17

View source version on businesswire.com: http://www.businesswire.com/news/home/20161118005384/en/

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