State Street : Global Advisors Registered Communications Services Select Sector ETF in Japan

State Street Global Advisors (Japan) Ltd. is enhancing its lineup of U.S.-listed (NYSE Arca) ETFs available in Japan with the registration of the Communication Services Select Sector SPDR Fund (XLC). The U.S.-based asset manager now has 51 ETFs registered for sale in Japan.

The fund provides exposure to the new Communication Services sector, unveiled by S&P Dow Jones Indices and MSCI Inc., following the annual review of the Global Industry Classification Standard (GICS) structure in November 2017.

The reclassification of the GICS structure will transform the existing Telecommunications Services sector, expanding it to include selected companies from the Information Technology and Consumer Discretionary sectors. It will be renamed Communication Services effective September 21, 2018.

'State Street Global Advisors always seeks to provide investors with the tools necessary to implement sector views across the entire GICS framework,' said David Collins, Head of ETFs at State Street Global Advisors Japan. 'The launch of XLC allows our clients immediate access to this new investment opportunity that will represent roughly 10 percent of the S&P 500 Index in terms of market capitalization.'

In addition to the introduction of XLC, in accordance with the constituent changes under the GICS reclassification for the existing Information Technology and Consumer Discretionary sectors, State Street Global Advisors is announcing that it will rebalance the Technology Select Sector SPDR Fund (XLK) and the Consumer Discretionary Select Sector SPDR Fund (XLY) to reflect the underlying index changes, such changes to be effective after the close on September 21, 2018.

About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation. The funds provide investors with the flexibility to select investments that are precisely aligned to their investment strategy. Recognized as an industry pioneer, State Street created the first US listed ETF in 1993 (SPDR S&P 500® - Ticker SPY) and has remained on the forefront of responsible innovation, as evidenced by the introduction of many ground-breaking products, including first-to-market launches with gold, international real estate, international fixed income, and sector ETFs. For more information, visit http://www.spdrs.jp/index.html

About State Street Global Advisors
For four decades, State Street Global Advisors has served the world's governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world's third largest asset manager with nearly US $2.72 trillion* under our care.

*This figure is presented as of June 30, 2018 and includes approximately $33 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

Contacts:
Corporate Communications, State Street (Tokyo) [phone] [e-mail]
Kreab (Mr. Nishikawa) [phone] [e-mail]　

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State Street Global Advisors (Japan) Co., Ltd.
Toranomon Hills Mori Tower 25F
1-23-1 Toranomon, Minato-ku, Tokyo 105-6325, Japan

Japan Financial Instruments Business Operator, Kanto Local Financial Bureau (Kinsho #345) Japan Securities Investment Advisers Association, Investment Trust Association, Japan Securities Dealers' Association

© 2018 State Street Corporation. All Rights Reserved.
2247626.1.1.APAC.PR Exp. Date: 1/20/2019