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This information is for informational purposes only, not to be construed as investment advice or a recommendation or offer to buy or sell any security or financial product. Investors should always obtain and read an up-to-date investment services description or offering documents before deciding whether to appoint an investment manager or to invest in a fund. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. The State Street products mentioned on this website are domiciled in Australia and are registered for public distribution in Australia only. Provision of this information does not constitute an offer under the Product Disclosure Statement. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. There are no guarantees regarding the achievement of investment objectives, target returns, portfolio construction, allocations or measurements such as alpha, tracking error, stock weightings and other information ratios. The views and strategies described may not be suitable for all investors. SSGA does not provide tax or legal advice. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. Prospective investors should consult with a tax or legal advisor before making any investment decision. Investing entails risks and there can be no assurance that SSGA will achieve profits or avoid incurring losses.

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