Financial markets in August continued to weigh the benefits of reopening economies in Europe against the spread of the Delta variant across the continent and beyond. In broad terms, investors adopted an upbeat stance and remained in risk-on mode for much of the month. Economic data continued to paint an optimistic backdrop even if there were some signs that momentum was waning after the post-lockdown boost. Eurozone government bonds were a little weaker in the month, while interbank rates were largely stable throughout with few signs the European Central Bank was planning to tighten policy.
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.