State Street S&P 500®1Index Individual Investment Option2

Strategy: This Investment Option seeks an investment return that approximates as closely as practicable, before expenses, the performance of the S&P 500® Index over the long term.

Risk: There are risks involved with investing, including possible loss of principal. 

An investment in the strategy is subject to a number of risks, which include but are not limited to: cash position risk, concentration risk, conflicts of interest risk, counterparty risk, custodial risk, cybersecurity risk, derivatives risk, equity investing risk, futures commission merchant risk, futures contract risks: other exchange traded derivatives risk, geographic focus risk, growth stock risk, hedging risk, IPO risk, index tracking risk, investment risk, large shareholder risk, limited investment program risk, liquidity risk, market capitalization risk, market disruption and geopolitical risk, market risk, market volatility; government intervention risk, modeling risk, passive strategy/index risk, portfolio turnover risk, repurchase agreement risk, restricted securities risk, risk of investment in other pools, securities lending risk; risks of investment of cash collateral, significant withdrawal risk, small-, mid- and micro-cap companies risk, tax risk, and value stock risk. A detailed description of the risks of investing in this strategy is included in the Strategy Disclosure Document, which is available from the Program Manager upon request.

Prices and Performance: Click here to review.

Expense Ratio: The estimated overall expense ratio for this Portfolio is:

Underlying Estimated Fund Expenses:3 0.0175%
Program Management Fee: 0.25%
State Administrative Fee: 0.02%
TOTAL: 0.29%

Click to Review: Fact Sheet, Strategy Disclosure Document

 

1 The S&P 500® Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by State Street Bank and Trust. Standard & Poor's® and S&P® 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"). The products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index.

2 State Street Bank and Trust Co. ("SSBT"), through its investment management division State Street Global Advisors, has been appointed as discretionary trustee over the assets invested in these trust accounts and if properly authorized in applicable legal documents, SSBT may commingle the particular trust property for which SSBT is also trustee into a bank maintained common trust fund. These trust accounts are exempt from registration with the SEC.

3 As of May 31, 2018.

 

Historical prices: Search for historical price information