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/ic/fund-finder. For other queries, please contact your usual SSGA/SPDR representative.
SPDR ETF is the exchange traded funds ("ETF") platform of State Street Global Advisors and is comprised of funds that have been authorised by European regulatory authorities as open-ended UCITS investment companies.
SSGA SPDR ETFs Europe I and II plc issue SPDR ETFs, and is an open-ended investment company. The Company is organised as an Undertaking for Collective Investments in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
SSGA SPDR ETFS MAY NOT BE AVAILABLE OR SUITABLE FOR YOU. THE VIEWS EXPRESSED/INFORMATION IN THIS SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL, LEGAL, REGULATORY, ACCOUNTING OR TAX ADVICE. INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE FUNDS OR ANY OTHER FINANCIAL INSTRUMENT.
Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
SPDR ETFs may be offered and sold only in those jurisdictions where authorised, in compliance with applicable regulations.
Information related to Mexico
This information does not constitute and is not intended to constitute marketing or an offer of securities and accordingly should not be construed as such. The Funds referenced herein have not been, and will not be, registered under the Mexican Securities Market Law (Ley del Mercado de Valores) and may not be publicly offered or sold in the United Mexican States. Disclosure documentation related to any of the aforementioned Funds may not be distributed publicly in Mexico and shares of the Funds may not be traded in Mexico.
You should obtain and read a prospectus and KIID relating to the SPDR ETFs prior to investing. The prospectus/KIID describing the characteristics, costs, risks and other relevant information of SPDR ETFs are available for residents of countries where SPDR ETFs are authorised for sale on the SPDRs website or from Cecabank, S.A. Alcalá 27, 28014 Madrid (Spain) who is the Spanish Representative, Paying Agent and distributor in Spain.