Fund Description: SPDR S&P North American Natural Resources ETF is an exchange-traded index fund or Index ETF that is a separate investment portfolio of the SPDR Index Shares Fund, an open-end management investment company. INVESTMENT OBJECTIVE: The SPDR S&P International Dividend Currency Hedged ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the S&P BMI North American Natural Resources Index. INDEX DESCRIPTION: The S&P BMI North American Natural Resources Index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The Index is a sub-set of the S&P Global LargeMidCap Commodity and Resources Index (the Parent Index), which serves as the initial universe of eligible securities for the Index. The Parent Index consists of U.S. and foreign publicly traded large- and mid-cap companies in the natural resources and commodities businesses that are classified within the sub-industries of the energy, materials or agriculture categories, have a minimum float adjusted market capitalization of $1 billion and have a minimum three-month average daily trading value of $5 million. The Index consists of companies comprising the Parent Index that are domiciled in and publicly traded principally in the U.S. or Canada. The Index uses a modified market capitalization weighting scheme, which means that modifications are made to the market capitalization weights to reduce single-stock concentration and to enable the Fund to qualify as a regulated investment company. Index constituents are weighted within each natural resources category proportionate to their float-adjusted market capitalization and are capped so that no stock exceeds 10% of the Index. The Index is rebalanced quarterly. FUND STRATEGY: Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index or in American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs) based on securities comprising the Index. In addition, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. In seeking to track the performance of the Index the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. The adviser may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index. FUND MANAGEMENT: SSgA FM serves as the investment adviser to the Fund.