A Fund seeking to replicate as closely as possible, before expenses, the performance of the Standard & Poor's 500 Composite Stock Price Index.
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
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.