Legal Information

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THIS WEBSITE AND ANY PAGES THEREOF (THE "SITE"), YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS LISTED BELOW. IF YOU DO NOT AGREE TO THE TERMS AND CONDITIONS BELOW, DO NOT ACCESS THIS SITE, OR ANY PAGES THEREOF.

Site Owner and Operator
The Site is owned and operated by State Street Global Advisors Singapore Limited, Company No. 200002719D ("State Street Global Advisors Singapore"). State Street Global Advisors Singapore is a part of State Street Global Advisors, the investment management arm of State Street Corporation. 

No Offer/Local RestrictionsNothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. State Street Global Advisors offers a number of products and services designed specifically for various categories of investors. Not all products will be available to or suitable for all investors.

The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site. 

Information for Non-Singapore Persons
This Site, and the products and services described on this Site, are intended to be made available only to residents in Singapore, and the information on this Site is only for such persons. Nothing on this Site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. 

No Reliance
Information contained in the Site is checked and updated by State Street Global Advisors Singapore with due diligence on a regular basis. However, data on the Site may become outdated. In addition, due to the risk that the Internet may be subject to interruption, transmission blackout, delayed transmission due to internet traffic, or incorrect data transmission due to public nature of the internet, the information contained in the Site may be incomplete, altered or tampered with, and may not present complete and accurate information. Therefore, neither State Street Global Advisors Singapore nor any of its affiliates assume any liability or guarantee for the timeliness, accuracy and completeness of the information provided. State Street Global Advisors Singapore uses reasonable efforts to obtain information from sources which it believes to be reliable; however, State Street Global Advisors Singapore and its affiliates make no representation that the information or opinions contained on the Site is accurate, reliable or complete. In particular, any information sourced from third parties is not provided or endorsed by State Street Global Advisors Singapore and State Street Global Advisors Singapore has not checked the accuracy or completeness of, and accepts no liability for, such third party information.The information on the Site is provided for informational purposes only and is subject to change without notice. The investments and strategies discussed in the contents may not be suitable for all investors and are not obligations of, or guaranteed by, State Street Global Advisors Singapore or its affiliates. Nothing contained on the Site constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. In particular, the information on this Site does not take into account your investment objectives, financial situation or particular needs. Before making an investment decision you should consider with the assistance of your professional securities adviser whether the information on this Site is appropriate in light of your particular investment needs, objectives and financial circumstances. 

No Warranty

THE INFORMATION ON THE SITE IS PROVIDED "AS IS". NEITHER STATE STREET GLOBAL ADVISORS SINGAPORE NOR ITS AFFILIATES WARRANTS THE ACCURACY OF THE MATERIALS PROVIDED HEREIN, EITHER EXPRESSLY OR IMPLIEDLY, FOR ANY PARTICULAR PURPOSE AND EACH EXPRESSLY DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

Important Risk Disclosure

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. Frequent trading of ETF's could significantly increase commissions and other costs such that they may offset any savings from low fees or costs. 

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETFs may be bought and sold on the exchange through any brokerage account, ETFs are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only, please see the prospectus for more details. 

State Street Global Advisors may have or may seek investment management or other business relationships with companies discussed in this web site or affiliates of those companies, such as their officers, directors and pension plans. 

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 material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information. 

Investing involves risk including the risk of loss of principal. 

Generally, among asset classes, stocks are more volatile than bonds or short-term instruments. Government bonds and corporate bonds generally have more moderate short-term price fluctuations than stocks, but provide lower potential long-term returns. U.S. Treasury Bills maintain a stable value if held to maturity, but returns are generally only slightly above the inflation rate. 

Investing in commodities entail significant risk and is not appropriate for all investors. Commodities investing entail significant risk as commodity prices can be extremely volatile due to wide range of factors. A few such factors include overall market movements, real or perceived inflationary trends, commodity index volatility, international, economic and political changes, change in interest and currency exchange rates. 

Risk associated with equity investing includes stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions. 

Historical performance is not necessarily indicative of future performance of an investment. The value of Units/Shares (as defined below) and the income from them may fall as well as rise and investors may not get back the amount invested. Applications to create or redeem interests in any exchange traded fund referred to on this Site ("Units/Shares") may only be effected through participating dealers, and are generally only issued or redeemed in large blocks. Investors may request participating dealers to apply on their behalf for the creation and/or redemption of Units/Shares. Once listed, investors can also acquire or dispose of Units/Shares on the exchange on which such Units/Shares are listed like other publicly traded shares. However, listing does not guarantee a liquid market for Units/Shares. Units/Shares are traded on the relevant exchange at market price, which may be different from the net asset value per Unit/Share, and may be delisted. The prospectus in respect of the offer of the Units in the relevant fund referred to on this Site is available and may be obtained upon request, subject to availability, from State Street Global Advisors Singapore. Investors should read the relevant prospectus before deciding whether to acquire Units in the relevant fund. Units in the relevant fund are not obligations of, deposits in, or guaranteed by, State Street Global Advisors Singapore or any of its affiliates. Investors who are not participating dealers or approved applicants have no right to request State Street Global Advisors Singapore to redeem their Units while the Units are listed (see the relevant prospectus for details). Listing the Units on the Singapore Exchange Securities Trading Limited does not guarantee a liquid market for the Units. Please read carefully the risk disclosures in the relevant prospectus or other offering document before making any investment decision. 

Conflicts of Interest
State Street Global Advisors Singapore and its affiliates may have an interest in the securities, derivatives and other financial products referred to in, or accessible through, this Site and may trade for their own account as principal or earn fees, commission or other income in respect of transactions related thereto. 

Limitations of Liability
Except to the extent to which any law prohibits such exclusion, State Street Global Advisors Singapore excludes all liability for loss or damage of any kind (including direct, indirect and consequential loss and damage of business revenue, loss of profits, loss or corruption of data, failure to realize expected profits or savings or other commercial or economic loss of any kind), however caused, in contract, tort, under any statute or otherwise (including negligence) arising out of or in any way related to this Site. In no event, including negligence, will State Street Global Advisors Singapore or its affiliates be liable for any loss or damage of any kind, including any direct, special indirect or consequential damages arising out of or in connection with the access of, use of, performance of, browsing in or linking to other sites from the Site. 

Indemnification
As a condition of your use of the Site, you agree to indemnify and hold State Street Global Advisors Singapore and its affiliates harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of the Site, or from your violation of these Terms. Linked Websites
Should the viewer leave the Site via a link contained in the Site, the viewer does so at its own risk. The content to which you link will not have been developed, checked for accuracy, or otherwise reviewed by State Street Global Advisors Singapore, and State Street Global Advisors Singapore will not accept any responsibility whatsoever for the content of such sites or any losses related thereto. State Street

Global Advisors Trademark
"State Street Global Advisors," is a trademark of State Street Corporation. Copyright, trademark and other forms of proprietary rights protect the contents at the site. From time to time, the trademarks of other unaffiliated entities may be referred to on the Site and their respective owners own these trademarks. Trademark owners are not responsible for and have not reviewed this site and no representation or warranty, express or implied, as to its accuracy, or completeness of the materials presented on it. Please also see "Copyright" for further information. 

SPDR Trademark
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. 

Privacy
Please see the "Privacy" section for information on how State Street Global Advisors handles personal data, what information is collected and how it is used and your rights in respect of any of your personal data collected by State Street Global Advisors on this Site. Changes and Modifications
State Street Global Advisors Singapore reserves the right to change, modify, add, or delete, any content and these Legal Terms & Conditions without notice. Users are advised to periodically review the contents of this website to be familiar with any modifications. 

Governing Law and Jurisdiction
By accessing this Site you agree that the laws of Singapore governs such access and the use of this Site and you agree to submit to the non-exclusive jurisdiction of the courts of Singapore. You waive any right to object to an action being brought in those courts including, without limitation, by claiming that the action has been brought in an inconvenient forum or that those courts do not have jurisdiction.