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Financial Services Select Sector SPDR Fund (The)
Ticker Symbol: XLFS* CUSIP: 81369Y878 Exchange: NYSEA
* NOTE: This security is no longer trading as of 11/15/2016
Company's Online Profile
FUND DESCRIPTION: The Financial Services Select Sector SPDR Fund is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the SPDR Index Shares Fund, an open-end investment management company. INVESTMENT OBJECTIVE: The Financial Services Select Sector SPDR Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Financial Services Select Sector Index. INDEX DESCRIPTION: The Financial Services Select Sector Index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; consumer finance; thrifts and mortgage finance; and mortgage real estate investment trusts (mortgage REITs). The Index is one of eleven Select Sector Indexes developed and maintained in accordance with the following criteria: (1) each of the component securities in the Index is a constituent company of the S&P 500 Index; and (2) the Index is calculated by S&P Dow Jones Indices LLC (S&P DJI) based on methodology proprietary to S&P DJI and BofA Merrill Lynch Research (S&P DJI and BofA Merrill Lynch, collectively, the Index Provider) using a modified market capitalization methodology, which means that modifications may be made to the market capitalization weights of single stock concentrations in order to conform to the requirements of the Internal Revenue Code. FUND STRATEGY: In seeking to track the performance of the Index, the Fund employs a replication strategy, which means that the Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the Index. In addition, the Fund may invest in cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The Fund will not invest in companies involved in the real estate industry, with the exception of mortgage REITs. FUND MANAGEMENT: SSGA FM serves as the investment adviser to the Fund.
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Notes: October 14, 2016 -- State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE:STT), today announced plans to close and liquidate the following five exchange traded funds based on an ongoing review of the SPDR ETF offering and market demand: Trading of all five funds will be suspended on the NYSE Arca at the open of market on November 15, 2016
SPDR MSCI International Real Estate Currency Hedged ETF (HREX)
SPDR MSCI South Korea StrategicFactorsSM ETF (QKOR)
SPDR MSCI Mexico StrategicFactorsSM ETF (QMEX)
SPDR MSCI Taiwan StrategicFactorsSM ETF (QTWN)
The Financial Services Select Sector SPDR® Fund (XLFS)
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IPO - 10/7/2015 -
Link to IPO Prospectus
Micro Cap Stock -
Market Value $3.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: One Lincoln Street, Boston, MA 02111 |
| Main Phone Number |
866-787-2257 |
| Fax Number |
Not Available |
| Investor Contact
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866-787-2257
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| Toll Free Phone Number |
866-787-2257 |
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