State Street Global Advisors has rationalised its legal entity footprint in the EU, consolidating its EU operating model under a single legal entity, State Street Global Advisors Europe Limited (“SSGAEL”), licensed to provide MiFID and fund management company services pursuant to EU directives.
Effective 1 August 2021, State Street Global Advisors Ireland Limited (“SSGA Ireland”), State Street Global Advisors GmbH (“SSGA GmbH”), and SSGAEL have effected a cross-border merger by means of a merger by acquisition of SSGA Ireland and SSGA GmbH by SSGAEL (the “Merger”). In anticipation of its broader role following the Merger, SSGAEL changed its name from State Street Global Advisors Funds Management Limited to become known as “State Street Global Advisors Europe Limited”.
SSGAEL is authorised by the Central Bank of Ireland:
for management of portfolios of investments on a discretionary client-by-client basis
for the MiFID ancillary services of investment advice and reception and transmission of orders; and
as an AIFM and UCITS management company.
These permissions have been notified as relevant to other EU regulators such that SSGA’s ability to operate across Europe and service your investment needs remain unchanged. SSGAEL is the designated management company/investment manager of record for all of SSGA’s EU fund entities, including, as from the Merger, State Street Liquidity plc, SSGA SPDR ETFs Europe I plc and SSGA SPDR ETFs Europe II plc. As before SSGAEL may delegate the execution of certain activities to other SSGA group entities whilst retaining other activities that it can directly perform.
As a result of the Merger, SSGA’s existing branches in the EU became branches of SSGAEL, and continue to operate and provide the same distribution services as before. Also as a result of the Merger, our business located in Germany currently conducted by SSGA GmbH, became the German branch of SSGAEL, continuing to provide the same distribution services and operating from our existing offices in Frankfurt and Munich and the previous Polish branch of SSGA GmbH becomes the Polish branch of SSGAEL.
All documents and materials dated prior to 1 August 2021 should be read in the context of these changes. For fund investors, the most up to date fund documentation reflecting these changes can be found on https://www.ssga.com/fund-finder. For other queries, please contact your usual SSGA/SPDR representative.
You should obtain and read a Key Investor Information Document and Prospectus relating to the SSGA Cash funds prior to investing. Further information, including the annual and semi-annual reports and the Key Investor Information Document and Prospectus describing the characteristics, charges, expenses and risks involved in your investments are available for residents of countries where SSGA cash funds are authorized for sale, at www.ssga.com/cash and from your local SSGA office or by calling +44 (0)20 3395 2333.
Investing involves risk including the risk of loss of principal. It is possible to lose money by investing in the funds.
Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. Click the link to obtain a prospectus which contains this and other information, or by calling +44 (0)20 3395 2333, please read it carefully before investing.
SSGA LPLC UCITS
State Street Global Advisors Liquidity Public Limited Company ("the Company") is an umbrella type investment company with variable capital having segregated liability between its sub-funds. The Company is organised as an Undertaking for Collective Investment in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.
This website is directed at Qualified Investors only, as defined by Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance. Certain funds may not be registered for public distribution with the Swiss Financial Market Supervisory Authority (FINMA), which acts as supervisory authority in investment fund matters, or may not have appointed a Swiss Representative and Paying Agent. For those funds which have appointed a Swiss Representative and Paying Agent, the prospectus, the articles of incorporation, the Key Investor Information Document (KIID) as well as the latest annual and semi-annual reports may be obtained free of charge from the Swiss Representative and Paying Agent, State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, 8027 Zurich, or at www.ssga.com, as well as from the main distributor in Switzerland, State Street Global Advisors AG (“SSGA AG”), Beethovenstrasse 19, 8027 Zurich. For those funds which have not appointed a Swiss Representative and Paying Agent, please observe that the funds are open to Qualified Investors at the exclusion of Qualified Investors with an opting-out pursuant to Art. 5(1) of the Swiss Federal Law on Financial Services ("FinSA") and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). For further information and fund documents please contact SSGA AG.
You should obtain and read the sales prospectus and relevant Key Investor Information Document (KIID) prior to investing, which may be obtained by clicking here. These include further details relating to the State Street Global Advisors Liquidity Public Limited Company funds, including information relating to costs, risks and where the funds are authorised for sale.