Filed Pursuant To Rule 433
Registration No. 333-217785
May 31, 2018
INVESTMENT PROFESSIONAL USE ONLYSTATE STREET ETF MODEL PORTFOLIOS Available Through GeoWealth STATE STREET GLOBAL ADVISORS. SPDR
State Street ETF Model Portfolios INVEST Available Through GeoWealth State Street ETF Model Portfolios are now offered on the GeoWealth platform, which provides efficient tools for every stage of the wealth management life cycle. You can capitalize on this partnership to maximize SMART your time, grow your businesses and provide optimal service to your clients.A WIN FOR YOU AND YOUR CLIENTS The right ETF model portfolios can help you: Reduce time managing assets, Gain access to institutional Assets Under Management and freeing time to cultivate relationships investment expertise Advisement in ETF Model Portfolios1 and grow your business Provide daily transparency into Diversify thoroughly with exposures each portfolio’s underlying holdings to a wide variety of asset classes and Reduce taxes by taking advantage thousands of underlying securities of ETFs’ structural tax efficiency $Lower costs by capitalizing on ETFs’ 7% 123B low expense ratios IN Q4 2017 TOTALSTATE STREET ETF MODEL PORTFOLIOS Pursure a range of portfolio outcomes with weighted average expense ratios as low as 10 bps Tactical Opportunities Strategic Specialized Outcome-BasedObjective Seek to outperform strategic Seek to efficiently balance risk and Seek to achieve a strategy-specific Seek to achieve specific target levels benchmarks under all market conditions return over an intermediate-term horizon objective, such as real return or of return or volatility exposure to private equity betaInvestment Approach Quantitative investment process Provides risk-based exposure through Liquid, low-cost exposure to Investment solutions for a range of combined with fundamental review a combination of multi-factor, active sophisticated strategies investor needs and desired outcomes and indexed ETFsOfferings State Street Global Allocation State Street Strategic Opportunities ETF State Street Multi Asset Real Return State Street Global Allocation (with Managed ETF Portfolio Model Portfolios (10 risk-based models) Managed ETF Portfolio TVT) Managed ETF Portfolio*State Street US Equity Sector Rotation State Street Liquid Private Equity State Street US Equity Sector Rotation Managed ETF Portfolio Managed ETF Portfolio (with TVT) Managed ETF Portfolio*State Street Fixed Income Sector State Street Flexible Allocation Rotation Managed ETF Portfolio Managed ETF PortfolioState Street Income Allocation State Street Tactical Allocation 9+ Year Managed ETF Portfolio Managed ETF Portfolio Track Record(6 risk-based models)* Target Volatility Trigger (TVT) strategies that use volatility as an indicator to dynamically adjust portfolio allocations are designed to provide a more stable volatility profile, which may improve risk-adjusted returns and mitigate drawdown risks over time.
PUT OUR EXPERTISE TO WORKHeritage and Financial Strength Experienced Investment Management State Street Corporation has a 225-year history and invests by the Investment Solutions Group or services 10% of the world’s assets2 Established in 1989 The global enterprise includes four businesses: asset $305.86 billion in AUM and AUAC6 management, asset servicing, research and trading, and More than 90 strategists, analysts and portfolio managers with data and analytics an average of 15 years’ experience State Street Global Advisors is the world’s third largest asset manager,3 with nearly $2.73 trillion under management4 and Manages assets for central banks, pension funds, endowments, $650 billion in global ETF assets5 sovereign wealth funds and other large institutions State Street’s independent Investment Risk Management 10 investment centers worldwideTeam provides rigorous risk analysis and monitoring across all of State Street’s global operationsHistory of Innovation1984 1990 1995 2004 2016 First active First smart First multi-asset First-ever gold Gender-diversity quantitative equity beta product class overlay commodity ETF (SHE) strategies ETF (GLD®)71980 1990 2000 20101993 1998 2008 2013 2017 1986 First-ever First-ever Managed First-ever actively Fearless Girl First ESG U.S.-listed sector-specfic volatility managed senior takes on strategy ETF (SPY) ETFs strategy loan ETF (SRLN) Wall StreetA One-Stop Solution GEOWEALTH for Wealth ManagementGeoWealth helps you stay ahead of the curve and create a powerful infrastructure in an industry experiencing a period of unprecedented evolution.Client Service Digital AdvisoryCRM Client Client Profiling and Portfolio Portal Proposal Generation ConstructionFully integrated CRM allows advisors and Reporting tools for customers to view Client assessment process generating Open-architecture model allows firms to effectively manage prospects and portfolio positions and performance automated, fully compliant proposals for combining various asset existing clients throughout the wealth on an easy-to-use interface with with multiple a la carte components sleeves seamlessly management life cycle mobile capabilities Portfolio Management Automated Back OfficePortfolio Monitoring Rebalancing Account Back and Reporting Aggregation OfficeWeb-based platform for monitoring and Streamlined rebalancing of allocations Enables advisors and customers to Custodian-and broker/dealer- performance reporting across households and strategies across both households assess portfolios across accounts agnostic: able to integrate and individual portfolios and accounts with efficient trade and asset classes existing backoffice systems to management and execution ensure administrative continuity
INVESTMENT PROFESSIONAL USE ONLYAbout State Street 1 “Morningstar ETF Managed Portfolios Landscape – Q4 2017,” Morningstar, For four decades, State Street Global Advisors has served April 20, 2018. the world’s governments, institutions and financial advisors. 2 State Street and McKinsey Global Institute, Global Capital Markets December With a rigorous, risk-aware approach built on research, 31, 2017. This represents State Street’s year-end 2017 Assets Under Custody and analysis and market-tested experience, we build from a Administration, AUCA, (USD $29.00t) as a proportion of total global financial assets (USD $270.35t). breadth of active and index strategies to create cost-effective 3 Pensions & Investments, December 31, 2016. Updated annually. solutions. As stewards, we help portfolio companies see that 4 As of March 31, 2018. AUM reflects approx. US$56B (as of March 31, 2018) with what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, respect to which State Street Global Advisors Funds Distributors, LLC serves as marketing agent; SSGA FD, LLC and State Street Global Advisors are affiliated.ETF, and ESG investing, we are always inventing new ways to 5 Source: Morningstar, as of March 31, 2018. This AUM reflects approx. $56 billion invest. As a result, we have become the world’s third largest (as of March 31, 2018) with respect to which State Street Global Advisors Funds asset manager with nearly US $2.73 trillion* under our care. Distributors, LLC serves as marketing agent. These figures also include the AUM of *AUM reflects approx. US$56B (as of March 31, 2018) with respect to which State SPDR® S&P® MidCap 400 ETF (approx. $19.5 billion as of March 31, 2018). Sectors are as of the date indicated, are subject to change, and should not be relied upon as Street Global Advisors Funds Distributors, LLC serves as marketing agent; SSGA FD, current thereafter. LLC and State Street Global Advisors are affiliated.6 As of March 31, 2018. Assets Under Advisory/Consulting of $20.79B includes mandates for which the firm provides advisory or consulting services supporting an investment management process that does not include the responsibility to arrange or effect the purchase or sale of securities and/or funds. In 2015, ISG revised the AUM and AUAC calculation methodology and account categorization process. 7 World Gold Trust Services is the sponsor of GLD and State Street Global Advisors serves as the marketing agent.ssga.comState Street Global Advisors One Iron Street, Boston MA 02210. offering to which this communication relates. Before you invest, you should T: +1 617 786 3000. read the prospectus in that registration statement and other documents GLD has filed with the SEC for more complete information about GLD and Important Risk Information this offering. Please see the GLD prospectus for a detailed discussion of State Street Global Advisors and its affiliates have not taken into the risks of investing in GLD shares. When distributed electronically, the consideration the circumstances of any particular investor in producing GLD prospectus is available by clicking here. You may get these documents this material and are not making an investment recommendation or acting for free by visiting EDGAR on the SEC website at sec.gov or by visiting in fiduciary capacity in connection with the provision of the information spdrgoldshares.com. Alternatively, the Trust or any authorized participant contained herein. will arrange to send you the prospectus if you request it by calling Investing involves risk including the risk of loss of principal. 866.320.4053.The whole or any part of this work may not be reproduced, copied or transmitted or GLD is not an investment company registered under the Investment Company Act of any of its contents disclosed to third parties without SSGA’s express written consent. 1940 (the “1940 Act”) and is not subject to regulation under the Commodity Exchange All information has been obtained from sources believed to be reliable, but its Act of 1936 (the “CEA”). As a result, shareholders of the Trust do not have the accuracy is not guaranteed. There is no representation or warranty as to the current protections associated with ownership of shares in an investment company registered accuracy, reliability or completeness of, nor liability for, decisions based on such under the 1940 Act or the protections afforded by the CEA. information and it should not be relied on as such. GLD shares trade like stocks, are subject to investment risk and will fluctuate in ETFs trade like stocks, fluctuate in market value and may trade at prices above or market value. The value of GLD shares relates directly to the value of the gold held below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce by GLD (less its expenses), and fluctuations in the price of gold could materially and returns. Frequent trading of ETFs could significantly increase commissions and other adversely affect an investment in the shares. The price received upon the sale of the costs such that they may offset any savings from low fees or costs. shares, which trade at market price, may be more or less than the value of the gold represented by them. GLD does not generate any income, and as GLD regularly sells Asset allocation is a method of diversification which positions assets among major gold to pay for its ongoing expenses, the amount of gold represented by each Share investment categories. Asset Allocation may be used in an effort to manage risk and will decline over time to that extent. enhance returns. It does not, however, guarantee a profit or protect against loss. The World Gold Council name and logo are a registered trademark and used with the Passive management and the creation/redemption process can help minimize capital permission of the World Gold Council pursuant to a license agreement. The World Gold gains distributions. Council in not responsible for the content of, and is not liable for the use of or reliance The models presented herein have different investment objectives, costs and on, this material. World Gold Council is an affiliate of GLD’s Sponsor. expenses. The performance of each model will necessarily depend on the ability of their respective managers to select portfolio investments. These differences, among others, Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s may result in significant disparity in the model’s portfolio assets and performance. Financial Services LLC, a division of ALPS Distributors, Inc., is distributor for SPDR S&P 500 (SPY), a unit investment trust. ALPS Distributors, Inc. is not affiliated with State Important Information Relating to SPDR Gold Shares Trust (GLD®): Street Global Advisors Funds Distributors, LLC. The SPDR Gold Trust (“GLD”) has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the © 2018 State Street Corporation. All Rights Reserved. ID12880-2108661.1.1.NA.INST 0518 Exp. Date: 05/31/2019 SPD001652STATE STREET GLOBAL ADVISORS.SPDR
SPDR® GOLD TRUST has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Advisors Funds Distributors, LLC, One Lincoln Street, Attn: SPDR® Gold Shares, 30th Floor, Boston, MA 02111.