State Street Global Advisors has suspended the purchase of Russian securities in all portfolios for the foreseeable future.
Our overall exposure to Russian securities is less than 0.01% of our total assets under management,* which are primarily invested in portfolios tracking various equity and fixed income indices. We have been actively engaging with index providers to push for the removal of Russian securities from their indices, which many have announced will commence next week.
We will continue to manage portfolios in alignment with client objectives, and we are carefully considering ongoing market, regulatory and fiduciary duties as we navigate this evolving situation.
* % of AUM is estimated as of March 3, 2022
State Street Global Advisors Worldwide Entities
The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street Global Advisors’ express written consent.
The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
All information is from State Street Global Advisors unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.
Past performance is not a guarantee of future results. Investing involves risk including the risk of loss of principal.
© 2022 State Street Corporation – All rights reserved.
Tracking Code: 4462016.2.1.GBL.RTL
Expiration Date: 3.31.2023