Practical Investment Ideas using ETFs: Simple, low cost access to global markets

April 2013

– For those seeking a comfortable retirement, holding an element of capital growth is still important

– Investing internationally provides some interesting growth opportunities for investors

– Exchange Traded Funds (ETFs) provide a simple, low cost way to access overseas companies

p. 2

Access the world’s leading companies

p. 3

With the SPDR® World ETF, you can get simple, low cost access to over 350 international companies.

This information should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security.

SPDR S&P® World ex Australia Fund

– ETF created by State Street Global Advisors - Australia’s largest ETF provider*

– Built specifically for Australian investors and is Australia’s first locally listed international equity ETF

– The cost is 0.42% each year or $42 for every $10,000 invested

– ASX ticker = WXOZ

p. 4

United States, 53.2%

United Kingdom,

8.9%

Switzerland, 3.6%

France, 3.8%

Germany, 3.4%

Japan, 9.9%

Spain, 1.2%

South Korea, 2.4%

Netherlands, 1.1%

Other, 7.7%

Country allocation – Holds approximately 350 international companies in over 20 different countries

– An Aussie dollar hedged version will be available in the coming months

* ASX, as of 31 March 2013

Benefits of investing internationally

More attractive equity valuations – There are times when international equities offer better value than other asset classes

Different economic and growth profiles – International equities provide access to industries and sectors that only have a small

representation in the Australian equity market

Currency play – International equities provide exposure to currencies other than the Australian dollar

Diversification benefits – International equities can reduce portfolio risk

Resolving concentration risk in Australian equity – The Australian equity market is dominated by a relatively small number of large

companies. International equities offer a much larger selection of securities.

p. 5

Performance

2012 was a strong year for most global markets, with 2013 continuing the positive momentum

In previous years, challenging market conditions and the strength of the Australian dollar have been performance detractors.

p. 6

9.0%

16.4%

4.9%

-0.3%

0.8%

3.7% 4.5% 4.8%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

3 months 1 year 3 years p.a. 5 years p.a.

Index Performance to 28 February 2013

S&P Developed ex Australia LargeMidCap AUD Index UBS Australian Bank Bill Index

Source: Factset, S&P

State Street Global Advisors

A global leader in asset management

• Subsidiary of State Street Corporation, one of the world's leading providers of financial services to institutional investors, with a heritage dating back over two centuries

• Entrusted with over US$2.0 trillion* in assets worldwide • Clients include governmental entities, corporations,

endowments and foundations, third party asset gatherers, multi employer plans, pension funds and sovereign wealth funds

• ETF industry pioneer and leader since 1993 with US$340.1 billion* in assets under management

SSgA is a global leader

in asset management that

sophisticated institutions

worldwide rely on for their

investment needs

State Street Global Markets

A global leader in research and trading

State Street Global Services

A global leader in asset servicing

As of 31 December, 2012 * This AUM includes the assets of the SPDR Gold Trust (approx. US$72 billion as of 31 December 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.

CMINST-3764

A Leading Provider of Financial Services to Institutional Investors

p. 7

Disclosure

The information in this document is general information only and does not take into account your individual objectives, financial situation or particular needs. You should seek professional advice addressing your particular investment needs, objectives and financial circumstances before making an investment decision.

The issuer of units in SPDR S&P World ex Australia Fund (ARSN 161 917 924) and is State Street Global Advisors, Australia Services Limited (‘SSgA, ASL)(ABN 16 108 671 441) (Australian Financial Services Licence “AFSL” 274900). A Product Disclosure Statement (“PDS”) for units in the Fund is available at www.spdrs.com.au. Investors should consider the PDS in deciding whether to acquire, or continue to hold, units in an ETF. An investment in a Fund does not represent a deposit with or a liability of any company in the State Street Corporation group of companies including State Street Bank and Trust Company (ABN 70 062 819 630) (AFSL 239679) and is subject to investment risk including possible delays in repayment and loss of income and principal invested.

No company in the State Street Corporation group of companies, including State Street Global Advisors, Australia Limited (ABN 42 003 914 225) (AFSL Number 238276), State Street Bank and Trust Company, SSgA, ASL and State Street Australia Ltd (ABN 21 002 965 200) guarantees the performance of the Fund or the repayment of capital or any particular rate of return, or makes any representation with respect to income or other taxation consequences of any investment in a Fund.

Past performance is no guarantee of future results.

Diversification does not ensure a profit or guarantee against loss.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

“SPDR” is a trademark of Standard & Poor’s Financial Services LLC (“S&P”) and has been licensed for use by State Street Corporation. STANDARD & POOR’S, S&P, SPDR, S&P 500 have been registered in many countries as trademarks of Standard & Poor’s Financial Services LLC and have been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors’ rights are described in the PDS for the applicable product.

Standard & Poor’s S&P Indices are trademarks of Standard & Poor’s Financial Services LLC.

The whole or part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSgA Australia's express written consent.

2013 State Street Corporation - All Rights Reserved IBGAP-0933

Practical Investment Ideas using ETFs:�Simple, low cost access to global markets�Slide Number 2Access the world’s leading companiesSPDR S&P® World ex Australia FundBenefits of investing internationallyPerformanceSlide Number 7Disclosure