The SPDR® SSgA Multi-Asset Real Return ETF seeks to achieve real return consisting of capital appreciation and current income. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services.
Ordinary brokerage commissions may apply.
|Primary Benchmark||Barclays U.S. Government Inflation-linked Bond Index|
|Secondary Benchmark||SSgA Multi-Asset Real Return Composite Index|
|Tertiary Benchmark||DBIQ Optimum Yield Diversified Commodity Index Excess Return|
|Short Selling Allowed||No|
|Gross Expense Ratio||0.70%|
|Investment Manager||SSgA Funds Management, Inc.|
|Management Team||Multi-Asset Real Return Team|
|Distributor||State Street Global Markets, LLC|
|Exchange||NYSE ARCA EXCHANGE|
|Variable Fee for Cash Creation||.65%|
|Variable Fee for Cash Redemption||.65%|
|Number of Holdings||13|
As of 02/28/2014
As of 12/31/2013
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
|Exchange Volume (shares)||4,987|
|Shares Outstanding||3.95 M|
|Total Net Assets||$115.72 M|
|Net Cash Amount||-$13,824.31|
Buying and Selling ETFs
ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.
ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.
Ordinary brokerage commissions apply.
After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
ETFs trade like stocks, 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.
Unless otherwise noted all information contained herein is that of the SPDR SSgA Multi-Asset Real Return ETF.
As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.
The SSgA Multi-Asset Real Return Composite Index components: 25% S&P Global Natural Resources Index; 20% DBIQ Optimum Yield Diversified Commodity Index Excess Return Index; 15% Barclays US Government Inflation-Linked Bond Index; 11% DJ Global Ex-US Select Resi Index; 10% DB Global Government Ex US Inflation Linked Bond Capped Index; 9% DJ US Select REIT Index; 3% S&P Metals & Mining Select Industry ETF and NASDAQ Global Agriculture Index; 2% Energy Select SPDR Index and S&P Developed Ex US BMI Energy Sector Index.
The primary benchmark for the SPDR SSgA Multi-Asset Real Return ETF is the Barclays U.S. Government Inflation-linked Bond Index. The secondary and tertiary benchmarks are provided for comparison purposes.