SPDR Portfolio Short Term Treasury ETF T.SST.U

Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.

ARCA:SPTS - Post by User

SPDR Portfolio Short Term Treasury ETF

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Post by tooclassyon May 07, 2009 12:51pm

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Post# 15974958

SST didn't pay for Riskmetrics news release

Hello all,

For what it is worth, I talked to Mark Patchett at Silverstone investor relations. Mark doesn't know who made the decision for Silverstone to email the recent Riskmetrics Group news release (encouraging a "yes" vote) to shareholders. Mark also said that neither Silverstone nor Silver Wheaton paid for the news release. He said that this group is paid for by institutions looking for guidance on how to vote. Some institutions, for example, don't have in-house analysts sufficiently familar with (or expert with) the resource sector. It is unfortunate and confusing if not a little bit misleading that Riskmetrics Group failed to say in their news release who did pay them.

tooclassy

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