State Street Global Advisors Announces Changes to US SPDR® Thematic ESG ETF

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), recently announced several changes to its SPDR®MSCI ACWI Low Carbon Target ETF (LOWC).

Effective on or about Friday, April 22, 2022, the SPDR MSCI ACWI Low Carbon Target ETF will undergo changes to its fund name, ticker, benchmark, listing exchange and will undergo a 4:1 stock split.

SPDR MSCI ACWI Low Carbona Target ETF will move its primary listing from NYSE Arca to The Nasdaq Stock Market LLC ("Nasdaq") on or about April 22, 2022. The fund's benchmark will be moving to the MSCI ACWI Climate Paris Aligned Index, which is designed to support investors who seek to reduce their exposure to transition and physical climate-related risks and who wish to pursue opportunities arising from the transition to a lower-carbon economy in alignment with the Paris Agreement requirements.

The fund will also be undergoing a 4:1 share split. Once implemented, the split will lower the fund's share price and increase the number of outstanding shares. The aggregate market value of shares outstanding will not be impacted. The share split will apply to shareholders of record as of market close on or about April 19, 2022 and will be payable after market close on or about April 21, 2022. The shares will trade at their post-split price effective on or about April 22, 2022.

State Street Global Advisors SPDR ETFs maintains partnerships with the NYSE Arca and other exchange operators such as Nasdaq. Shareholders will not be required to take any action as a result of these changes.