A Fund seeking to match the performance of the Standard & Poor's 500 Composite Stock Price Index ("S&P 500 Index" or "Index") as closely as possible before the deduction of Fund expenses.
A “passive” or “indexing” investment approach is used to attempt to replicate, before expenses, the performance of the S&P 500 Index.
The process the Fund uses, known as Full Replication, creates a portfolio that includes all securities
in the Index in proportion to their weight in the Index.
The Fund also uses S&P 500 Index futures to create index-like returns for small amounts of cash in
INVESTMENT Sub-Advisor (%)
The Fund invests all of its investable assets in the State Street Equity 500 Index Portfolio, which is managed by SSgA Funds Management, Inc., a subsidiary of State Street Corp. and an affiliate of State Street Bank and Trust Company.