Category: Open Ended Investment Company

Investment Objective The objective of the Fund is to track the perf ormance of certain equity securities issued by companies from within the Euro z one paying high dividends. Investment Policy The Fund seeks to tr ack the perf ormance of the S&P Euro High Yield Dividend Aristocr ats Index (the "Index") as closely as possible. The Fund inves ts primarily in securities included in the Index. These securities include high-yielding Euro z one stocks . Securities must satisfy diversification, st ability and trading requir ements and are then weighted according to the siz e of their dividend. The Fund seeks to hold all the securities of the Index with the appro ximate weightings as in that Index. The Fund will use a replication str ategy to create a near mirror -image of the Index. In limited circums tances the Fund may purchase securities that are not included in the Index. The Fund ma y use financial derivative ins truments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portf olio eff iciently . Save in ex ceptional circums tan ces, the Fund will generally only issue and redeem shares to certa in institutional inves tors. However , shares of the Fund may be pur chased or sold through brok er s on one or more stock ex changes. The Fund trades on these stock ex changes at mark et prices which ma y fluctuate throughout the day . Mark et prices ma y be greater or less than the daily net asset value of the Fund. The Fund does not currently engage in securities lending. Shareholder s ma y redee m shares on any UK business day (other than day s on which relev ant financial mark ets ar e closed f or business and/ or the day preceding any such day provided that a list of such closed mark et day s will be published f or the Fund on www .spdrs.co m ); and any other day at the Director s' discretion (acting re asonably) provided Sharehol ders ar e notified in advance of any such day s. Any income earned by the Fund will be paid to shareholder s in re spect of the shares. The Fund's shares ar e issued in Euros. Please re f er to the prospectus f or more inf ormation. Index Source : The "S&P Euro High Yield Dividend Arist ocrats Index (the "Index")" is a produ ct of S&P Dow Jones Indices LLC ("S&P"), and has been licensed f or use by Stat e Street Global Advisors . Standar d & P oor's® and S&P® are regis tered trademarks of St andard & P oor's Financial Services LLC, Dow Jones® is a regis tered tr ademark of Dow Jones T rademark Holdings LLC. State Street Global Advisors' SPDR S&P Euro Dividend Aristocr ats UCITS ETF is not sponsored, endors ed, sold or promoted by S&P , its affiliates nor its or their third party licensors and none of such parties mak e any re present ation reg ar ding the advisability of inves ting in such product(s) nor do they have any liability f or any err ors, omissions, or interruptions of the Index.