U.S. Large Cap Enhanced Strategy

The Strategy seeks to provide a total investment return in excess of the performance of its benchmark index (the "Index") over the long term.

BENCHMARK: S&P 500^® Index

Equities of companies in the S&P 500^® Index and Russell 1000^® Index; and may include other companies.

SSGA uses in-depth investment analysis to construct a portfolio which we believe has the potential to outperform the Index. In performing this analysis, SSGA considers factors such as relative valuations, the quality of a company's earnings, growth prospects, and investor sentiment. We also incorporate in our model an evaluation of the macroeconomic environment, to take into account prevailing market conditions. This process seeks to maintain a disciplined approach that is adaptive to the current macroeconomic environment and responsive to changing conditions. SSGA seeks to outperform the Index by 50 to 100 basis points (on an annualized basis) over the long term, with a projected active risk* of approximately 50 to 200 basis points. There can of course be no assurance that any Portfolio will achieve that level of performance or will maintain that level of active risk.

Note:

The S&P 500® Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by SSGA. 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"). SSGA's investment products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates.

There are risks involved with investing, including possible loss of principal. You should refer to the Strategy's Disclosure Document (SDD) for a complete description of the risks of investing in the Strategy. Please contact SSGA's relationship management team for a copy of the SDD.