ENERGY EQUIPMENT & SERVICES
The streetTRACKS SPDR Oil & Gas Equipment & Services ETF is an exchange-traded index fund that is a separate portfolio of streetTRACKS(R) Series Trust, a Trust that is an 'index fund' consisting of separate investment portfolios. The streetTRACKS SPDR Oil & Gas Equipment & Services ETF's investment objective is to replicate as closely as possible, before expenses, the performance of the S&P Oil & Gas Equipment & Services Select Industry Index (ticker:SPSIOS). INDEX DESCRIPTION: The S&P Oil & Gas Equipment & Services Select Industry Index represents the oil & gas equipment & services sub-industry portion of the S&P Total Market Index (TMI). The S&P TMI tracks all the U.S. common stocks listed on the NYSE, American Stock Exchange, NASDAQ National Market and the NASDAQ Small Cap exchanges. The Index is designed to measure the performance of the narrow oil & gas equipment & services sub-industry determined based on the Global Industry Classification Standards (GICS). Membership in the Select Industry Index is based on the GICS classification, as well as liquidity and market cap requirements. Companies in the Index are classified based primarily on revenues; however, earnings and market perception are also considered. The Index is an equal weighted market cap index. At the IPO of the ETF, the Oil & Gas Equipment Index was comprised of 29 stocks.
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