State Street S&P 500®1 Index 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. Generally, among asset classes, stocks are more volatile than bonds or short-term instruments. Stock values fluctuate in response to the activities of individual companies and general market and economic conditions.

Additionally, an investment is subject to a number of risks, which include but are not limited to: conflict of interest risk, counterparty risk, custodial risk, derivatives risk, equity risk, geographic concentration risk, growth investing risk, hedging transactions and related risks, index risk, investment risk, issuer risk, large shareholder risk, leveraging risk, limited investment program risk, liquidity risk, market capitalization risk, market disruption and geopolitical risk, market risk, modeling risk, portfolio turnover risk, repurchase agreement risk, risk of investment in other pools, small and micro-cap companies risk, tax risk, valuation risk, and value investing risk. A complete description of the risks of investing in this Fund is available in the Fund's strategy disclosure document which is available from Program Manager upon request.

Investing in futures is highly risky. Futures positions are considered highly leveraged because the initial margins are significantly smaller than the cash value of the contracts. The smaller the value of the margin in comparison to the cash value of the futures contract, the higher the leverage. There are a number of risks associated with futures investing including but not limited to counterparty credit risk, currency risk, derivatives risk, foreign issuer exposure risk, sector concentration risk, leveraging and liquidity risks.

Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.

Risk Management does not promise any level of performance or guarantee against loss of principal. State Street encourages investors to seek the advice of well qualified financial and tax advisors, accountants, attorneys and other professionals before making any investment or retirement decision.

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: 0.27%
State Administrative Fee: 0.03%
TOTAL: 0.32%

Click to Review: Fact Sheet, Strategy Disclosure Document

 

1 S&P 500 is a trademark of The McGraw-Hill Companies, Inc., and has been licensed for use by State Street Bank and Trust. The products are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the products.
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 March 31, 2016.

 

Historical prices: Search for historical price information