State Street Global Advisors intends to comply with Executive Order 13959, dated November 12, 2020 (the “Executive Order”), prohibiting transactions by United States persons in publicly traded securities of certain Chinese companies, as identified in the Executive Order and any updated guidance, amendments and annexes published by the U.S. Department of the Treasury’s Office of Foreign Asset Controls (collectively, the “Sanctioned Securities”). As of January 8, 2021, State Street Global Advisors has divested, or is seeking to divest, from holdings in such Sanctioned Securities in any investment account or pooled vehicle we manage, including ETFs other than the Tracker Fund of Hong Kong (TraHK), in accordance with the Executive Order and published guidance. With respect to such investment accounts or pooled vehicles that track an index, we intend to continue to track such index, as revised by the index providers to be compliant with the Executive Order’s requirements.
This information is for informational purposes only, not to be construed as investment advice or a recommendation or offer to buy or sell any security. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment manager or to invest in a fund. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. There are no guarantees regarding the achievement of investment objectives, target returns, portfolio construction, allocations or measurements such as alpha, tracking error, stock weightings and other information ratios. The views and strategies described may not be suitable for all investors. SSGA does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Investing entails risks and there can be no assurance that SSGA will achieve profits or avoid incurring losses.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
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