Barron\'s 03.16.2020

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March 16, 2020 BARRON’S 3


An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which containsthis and other information,


call 1-866-SECTOR-ETF or visit http://www.sectorspdrs.com.Read the prospectus carefully before investing.


The S&P 500, SPDRs
®
, and Select Sector SPDRs
®
are registered trademarks of Standard & Poor’s Financial Services LLC. and have been licensed for use. The stocks included in each Select Sector Indexwere selected by the

compilation agent. Their composition and weighting can be expected to differto that in any similar indexes that are published by S&P. The S&P 500 Index is an unmanaged index of 500 common stocks that is generally


consideredrepresentativeoftheU.S.stockmarket.Theindexisheavilyweightedtowardstockswithlargemarketcapitalizationsandrepresentsapproximatelytwo-thirdsofthetotalmarketvalueofalldomesticcommon


stocks.Investorscannotinvestdirectlyinanindex.


TheS&P500Indexfiguresdonotreflectanyfees,expensesortaxes.Ordinarybrokeragecommissionsapply.ETFsareconsideredtransparentbecausetheirportfolioholdingsarediscloseddaily.Liquidityischaracterized


byahighleveloftradingactivity.SelectSectorSPDRsaresubjecttoriskssimilartothoseofstocks,includingthoseregardingshort-sellingandmarginaccountmaintenance.AllETFsaresubjecttorisk,includingpossible


lossofprincipal.Fundsfocusingonasinglesectorgenerallyexperiencegreatervolatility.Diversificationdoesnoteliminatetheriskofexperiencinginvestmentlosses.


ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.


CUSTOMIZE THE S&P 500 TO MEET


YOUR INVESTMENT OBJECTIVES


CONSERVATIVE


S&P 500


AGGRESSIVE


Creating the right asset allocation mix is key to any long-term investment strategy. Only Sector SPDR ETFs can divide the benchmark into


11 investable pieces so you can customize sector allocations to meetyour investment goals. Sector SPDR ETFs have the diversification


of a mutual fund, the transparency of an index and the all-day tradability of a stock.


See how Sector SPDR ETFs could be part of your investment strategy by visiting:


sectorspdrs.com/sectorspdr/custom-allocation


Visitwww.sectorspdrs.comorcall1-866-SECTOR-ETF


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