State Street Global Advisors’ New Short-Term TIPS SPDR ETF Seeks to Offer Inflation Protection for a Rising Rate Environment

  State Street Global Advisors’ New Short-Term TIPS SPDR ETF Seeks to Offer
  Inflation Protection for a Rising Rate Environment

Business Wire

BOSTON -- February 27, 2014

State Street Global Advisors (SSgA), the asset management arm of State Street
Corporation (NYSE:STT) today announced the SPDR Barclays 0-5 Year TIPS ETF
(Symbol: SIPE) began trading on the NYSE Arca on February 27, 2014. The SPDR
Barclays 0-5 Year TIPS ETF gives investors a potential opportunity to protect
their portfolios from inflation and diversify their fixed income allocations
to prepare for rising interest rates. It adds to investors’ options in the
SPDR fixed-income product suite in a short-term TIPs offering.

“With rising rates on the horizon, investors are increasingly relying on ETFs
to manage duration risk within their fixed-income allocations,” continued
Ross. “The new SPDR Barclays 0-5 Year TIPS ETF seeks to offer these investors
a hedge against inflation that’s less sensitive to interest rate changes than
longer duration TIPS funds.”

The SPDR Barclays 0-5 Year TIPS ETF seeks to track the performance of the
Barclays 0-5 Year Government Inflation-linked Bond Index, which includes
publicly issued Treasury Inflation-Protected Securities (TIPS), that have less
than five years remaining to maturity and an issue size of at least $500
million. It has an expense ratio of 0.15 percent.

SSgA manages more than $413 Billion in SPDR ETF assets worldwide (as of
December 31, 2013)* and is one of the largest ETF providers globally.

About SPDR Exchange Traded Funds

SPDR ETFs are a comprehensive family spanning an array of international and
domestic asset classes. SPDR ETFs are managed by SSgA Funds Management, Inc.,
a registered investment adviser and wholly owned subsidiary of State Street
Bank and Trust Company. The funds provide professional investors with the
flexibility to select investments that are precisely aligned to their
investment strategy. Recognized as industry pioneer, State Street created the
first US listed ETF in 1993 (SPDR S&P 500® – Ticker SPY). Since then, we’ve
sustained our place as an industry innovator through the introduction of many
ground-breaking products, including first-to-market launches with gold,
international real estate, international fixed income and sector ETFs. For
more information, visit

About State Street Global Advisors

State Street Global Advisors (SSgA) is a global leader in asset management.
The firm is relied on by sophisticated investors worldwide for its disciplined
investment process, powerful global investment platform and access to every
major asset class, capitalization range and style. SSgA is the asset
management business of State Street Corporation, one of the world’s leading
providers of financial services to institutional investors.

*This AUM includes the assets of the SPDR Gold Trust (approx. $30.8 billion as
of December 31, 2013), for which State Street Global Markets, LLC, an
affiliate of State Street Global Advisors, serves as the marketing agent.

ETFs trade like stocks, are subject to investment risk, 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.

The Fund invests by sampling the Index, holding a range of securities that, in
the aggregate, approximates the full Index in terms of key risk factors and
other characteristics. This may cause the fund to experience tracking errors
relative to performance of the Index.

Increase in real interest rates can cause the price of inflation-protected
debt securities to decrease. Interest payments on inflation-protected debt
securities can be unpredictable.

90-day U.S. Treasury bills are insured and guaranteed by the U.S. government.
U.S. Treasury Bills maintain a stable value if held to maturity, but returns
are generally only slightly above the inflation rate.

Non-diversified funds that focus on a relatively small number of securities
tend to be more volatile than diversified funds and the market as a whole.

Bond funds contain interest rate risk (as interest rates rise bond prices
usually fall); the risk of issuer default; issuer credit risk; liquidity risk;
and inflation risk.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly
owned subsidiary of State Street Corporation. References to State Street may
include State Street Corporation and its affiliates. Certain State Street
affiliates provide services and receive fees from the SPDR ETFs. ALPS
Distributors, Inc., a registered broker-dealer, is distributor for SPDR S&P
500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, all unit
investment trusts, ALPS Distributors, Inc. is not affiliated with State Street
Global Markets, LLC.

Before investing, consider the funds investment objectives, risks, charges and
expenses. To obtain a prospectus or summary prospectus which contains this and
other information, call 1-866-787-2257 or visit Read it



State Street Corporation
Elizabeth Bartlett, +1-617-662-2903
River Communications
Troy Mayclim, +1-914-686-5599
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