0001193125-18-014578.txt : 20180119 0001193125-18-014578.hdr.sgml : 20180119 20180119144302 ACCESSION NUMBER: 0001193125-18-014578 CONFORMED SUBMISSION TYPE: POS EX PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20180119 DATE AS OF CHANGE: 20180119 EFFECTIVENESS DATE: 20180119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SSGA FUNDS CENTRAL INDEX KEY: 0000826686 IRS NUMBER: 000000000 STATE OF INCORPORATION: WA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: POS EX SEC ACT: 1933 Act SEC FILE NUMBER: 033-19229 FILM NUMBER: 18537030 BUSINESS ADDRESS: STREET 1: ONE LINCOLN STREET STREET 2: CPH0326 CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 6176623239 MAIL ADDRESS: STREET 1: ONE LINCOLN STREET STREET 2: CPH0326 CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: SEVEN SEAS SERIES FUND DATE OF NAME CHANGE: 19920703 POS EX 1 d528320dposex.htm SSGA FUNDS SSGA FUNDS

As filed with the U.S. Securities and Exchange Commission on January 19, 2018

Securities Act of 1933 File No. 33-19229

Investment Company Act of 1940 File No. 811-05430

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933   
Post-Effective Amendment No. 156   

And/or

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940   
Amendment No. 154   

(Check appropriate box or boxes)

 

 

SSGA FUNDS

(Exact Name of Registrant as Specified in Charter)

 

 

One Lincoln Street

Boston, Massachusetts 02111

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (617) 664-7037

 

 

 

Name and Address of Agent for Service:   Copies to:
Joshua A. Weinberg   Timothy W. Diggins, Esq.
Managing Director and Managing Counsel   Ropes & Gray LLP
SSGA Funds Management, Inc.   800 Boylston Street
One Lincoln Street   Boston, Massachusetts 02199-3600
Boston, Massachusetts 02111-2900  

 

 

Approximate Date of the Proposed Public Offering: As soon as practicable after the effective date of the Registration Statement.

This post-effective amendment will become effective immediately under Rule 462(d).

 

 

 


EXPLANATORY NOTE

This Post-Effective Amendment No. 156 to the Registration Statement on Form N-1A (File No. 33-19229) of SSGA Funds (the “Registration Statement”) is being filed pursuant to Rule 462(d) under the Securities Act of 1933, as amended (the “Securities Act”), solely for the purpose of filing exhibits to the Registration Statement. Accordingly, this Post-Effective Amendment No. 156 consists only of a facing page, this explanatory note, Part C of the Registration Statement, and exhibits 28(h)(5) and 28(h)(6), filed pursuant to Item 28 of the Registration Statement. This Post-Effective Amendment No. 156 does not modify any other part of the Registration Statement. Pursuant to Rule 462(d) under the Securities Act, this Post-Effective Amendment No. 156 shall become effective immediately upon filing with the Securities and Exchange Commission (the “SEC”). Parts A and B of this Registration Statement are incorporated by reference to the Prospectus and Statement of Additional Information contained in Post-Effective Amendment No. 154, which was filed on EDGAR on December 19, 2017 (SEC Accession No. 0001193125-17-373778).


PART C: OTHER INFORMATION

 

Item 28. Exhibits

 

        NAME OF EXHIBIT     

INCORPORATED BY REFERENCE

OR EXHIBIT NUMBER

a.   Second Amended and Restated Master Trust Agreement dated May 15, 2012      Post-Effective Amendment #110 (08/02/12)
  1.   Amendment No. 1      Post-Effective Amendment #114 (12/14/12)
  2.   Amendment No. 2      Post-Effective Amendment #149 (12/17/15)
  3.   Amendment No. 3      Post-Effective Amendment #152 (12/19/16)
b.   Amended and Restated Bylaws      Post-Effective Amendment #152 (12/19/16)
c.   Instruments Defining Rights of Security Holders     
  1.   Voting Rights Policy      Post-Effective Amendment #86 (12/20/04)
d.   Investment Advisory Contracts     
  1.   Amended and Restated Investment Advisory Agreement between SSGA Funds Management, Inc., and SSGA Funds dated April 11, 2012, as amended through May 15, 2012.      Post-Effective Amendment #110 (08/02/12)
  2.   Advisory Fee Waiver and Reimbursement Letter for calendar year ending December 31, 2018.      Post-Effective Amendment #154 (12/19/17)
e.   Underwriting Contracts     
  1.   Shareholder Servicing Agreement by and between SSGA Funds and State Street Bank and Trust Company.      Post-Effective Amendment #42 (12/24/97)
  2.   Shareholder Servicing Agreement by and between SSGA Funds and State Street Capital Markets LLC.      Post-Effective Amendment #39 (12/27/96)
  3.   Shareholder Servicing Agreement by and between SSGA Funds and State Street Bank and Trust Company, Fiduciary Investor Services.      Post-Effective Amendment #39 (12/27/96)
  4.   Shareholder Servicing Agreement by and between SSGA Funds and State Street Bank and Trust Company.      Post-Effective Amendment #42 (12/24/97)
  5.   Shareholder Servicing Agreement by and between SSGA Funds and Citistreet LLC.      Post-Effective Amendment #63 (10/1/01)
  6.   Shareholder Servicing Agreement by and between SSGA Funds and State Street Bank and Trust Company, High Net Worth Services Division.      Post-Effective Amendment #63 (10/1/01)
  7.   Form of Shareholder Servicing and Distribution addenda relating to Select Class.      Post-Effective Amendment #93 (11/29/05)
  8.   Second Amended and Restated Distribution Agreement between State Street Global Advisors Funds Distributors, LLC and SSGA Funds dated May 1, 2017.      Post-Effective Amendment #154 (12/19/17)
f.   Bonus or Profit Sharing Contracts      None


g.   Custodian Agreements     
  1.   Amended and Restated Custodian Contract between State Street Bank and Trust Company and SSGA Funds dated April 11, 2012.      Post-Effective Amendment #110 (08/02/12)
  2.   Fee Schedule dated January 1, 2008      Post-Effective Amendment #99 (12/18/08)
h.   Other Material Contracts     
  1.   Master Securities Lending Authorization Agreement with State Street Bank and Trust Company.      Post-Effective Amendment #154 (12/19/17)
  2.   Master-Feeder Participation Agreement – S&P 500 Index Fund.      Post-Effective Amendment #66 (12/28/01)
  3.   Reimbursement Agreement.      Post-Effective Amendment #114 (12/14/12)
  4.   Transfer Agency and Service Agreement dated June 1, 2015 between each of State Street Institutional Investment Trust and SSGA Funds and Boston Financial Data Services, Inc.      Post-Effective Amendment #148 (10/16/15)
  5.   Amendment to Schedule A of the Transfer Agency and Services Agreement dated June 9, 2017 between State Street Institutional Investment Trust, SSGA Funds and Boston Financial Data Services, Inc.      Filed Herewith as Exhibit 28(h)(5)
  6.   Amendment to Transfer Agency and Service Agreement dated June 1, 2015 between each of State Street Institutional Investment Trust and SSGA Funds and Boston Financial Data Services, Inc.      Filed Herewith as Exhibit 28(h)(6)
  7.   Master Sub-Administration Agreement between State Street Bank and Trust Company and SSGA Funds Management, Inc. dated June 1, 2015.      Post-Effective Amendment #149 (12/17/15)
  8.   Administration Agreement between SSGA Funds Management, Inc. and SSGA Funds, dated June 1, 2015.      Post-Effective Amendment #149 (12/17/15)
i.   Legal Opinion     
  1.   S&P 500 Index, Dynamic Small Cap, Emerging Markets, International Stock Selection Funds      Post-Effective Amendment #42 (12/24/97)
  2.   High Yield Bond Fund      Post-Effective Amendment #45 (4/28/98)
  3.   Select Class Shares      Post-Effective Amendment #93 (11/29/05)
  4.   Class A, Class I and Class K shares      Post-Effective Amendment #140 (06/24/14)
j.   Other Opinions: Consent of Independent Registered Public Accountant     
  1.   Consent of Independent Registered Public Accountant- Ernst &Young LLP.      Post-Effective Amendment #154 (12/19/17)
k.   Omitted Financial Statements      None
l.   Initial Capital Agreements     
  1.   S&P 500 Index, Dynamic Small Cap, Emerging Markets, International Stock Selection Funds      Post-Effective Amendment #42 (12/24/97)
  2.   High Yield Bond Fund      Post-Effective Amendment #45 (4/28/98)
  3.   Select Class Shares      Post-Effective Amendment #93 (11/29/05)


m.   Rule 12b-1 Plan     
  1.   Plan of Distribution Pursuant to Rule 12b-1 dated April 14, 2014, as Amended August 19, 2015 and May 17, 2017      Post-Effective Amendment #154 (12/19/17)
n.   Rule 18f-3 Plan     
  1.   Amended and Restated Multiple Class Plan Pursuant to Rule 18f-3      Post-Effective Amendment #154 (12/19/17)
o.   Power of Attorney     
  1.   Power of Attorney Relating to Registrant, State Street Master Funds, State Street Institutional Investment Trust, State Street Navigator Securities Lending Trust, Elfun Government Money Market Fund, Elfun Tax-Exempt Income Fund, Elfun Income Fund, Elfun Diversified Fund, Elfun International Equity Fund and Elfun Trusts      Post-Effective Amendment #152 (12/19/16)
p.   Code of Ethics     
  1.   Relating to the Principal Executive and Senior Financial Officers      Post-Effective Amendment #130 (12/18/13)
  2.   Relating to the Principal Underwriter      Post-Effective Amendment #104 (12/15/10)
  3.   Jointly governing the Registrant, State Street Master Funds and the Adviser      Post-Effective Amendment #154 (12/19/17)
  4.   Relating to the Independent Trustees      Post-Effective Amendment #152 (12/19/16)

 

Item 29. Persons Controlled by or Under Common Control with Registrant

See the Statement of Additional Information regarding the Trust’s control relationships.

 

Item 30. Indemnification

Indemnification is provided to officers and Trustees of the Registrant pursuant to Section 6.4 of Article VI of Registrant’s Second Amended and Restated Master Trust Agreement, which reads as follows:

“Section 6.4 Indemnification of Trustees, Officers, etc. The Trust shall indemnify (from the assets of the Sub-Trust or Sub-Trusts in question) each of its Trustees and officers (including persons who serve at the Trust’s request as directors, officers or trustees of another organization in which the Trust has any interest as a shareholder, creditor or otherwise) (hereinafter referred to as a “Covered Person”) against all liabilities, including but not limited to amounts paid in satisfaction of judgments, in compromise or as fines and penalties, and expenses, including reasonable accountants’ and counsel fees, incurred by any Covered Person in connection with the defense or disposition of any action, suit or other proceeding, whether civil or criminal, before any court or administrative or legislative body, in which such Covered Person may be or may have been involved as a party or otherwise or with which such person may be or may have been threatened, while in office or thereafter, by reason of being or having been such a Trustee or officer, director or trustee, except with respect to any matter as to which it has been determined that such Covered Person had acted with willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of such Covered Person’s office (such conduct referred to hereafter as “Disabling Conduct”). A determination that the Covered Person is entitled to indemnification may be made by (i) a final decision on the merits by a court or other body before whom the proceeding was brought that the person to be indemnified was not liable by reason of Disabling Conduct, (ii) dismissal of a court action or an administrative proceeding against a Covered Person for insufficiency of evidence of Disabling Conduct, or (iii) a reasonable determination, based upon a review of the facts, that the indemnitee was not liable by reason of Disabling Conduct by (a) a vote of a majority of a quorum of Trustees who are neither “interested persons” of the Trust as defined in section 2(a)(19) of the 1940 Act nor parties to the proceeding, or (b) an independent legal counsel in a written opinion. Expenses, including accountants’ and counsel fees so incurred by any such Covered Person (but excluding amounts paid in satisfaction of judgments, in compromise or as fines or penalties), may be paid from time to time by the Sub-Trust in question in advance of the final disposition of any such action, suit or proceeding, provided that the Covered Person shall have undertaken to repay the amounts so paid to the Sub-Trust in question if it is ultimately determined that indemnification of such expenses is not authorized under this Article VI and (i) the Covered Person shall have


provided security for such undertaking, (ii) the Trust shall be insured against losses arising by reason of any lawful advances, or (iii) a majority of a quorum of the disinterested Trustees who are not a party to the proceeding, or an independent legal counsel in a written opinion, shall have determined, based on a review of readily available facts (as opposed to a full trial-type inquiry), that there is reason to believe that the Covered Person ultimately will be found entitled to indemnification.”

The Investment Advisory Agreement provides that in the absence of negligence, bad faith or willful misconduct on the part of the Adviser in the performance of its obligations and duties under the Investment Advisory Agreement, reckless disregard by the Adviser of obligations and duties under the Investment Advisory Agreement, or a loss resulting from a breach of fiduciary duty with respect to the receipt of compensation for services, the Adviser shall not be subject to liability to the Registrant or to any shareholder of the Registrant for any error of judgment, mistake of law or any other act or omission in the course of, or connected with, rendering services under the Investment Advisory Agreement or for any losses that may be sustained in the purchase, holding, redemption or sale of any security on behalf of the Registrant.

The Distribution Agreement provides that in the absence of negligence, bad faith or willful misconduct on the part of the Distributor in the performance of its obligations and duties under the Distribution Agreement, or reckless disregard by the Distributor of its obligations or duties under the Distribution Agreement, the Distributor shall not be subject to liability to the Registrant or to any shareholder of the Registrant for any error of judgment, mistake of law or any other act or omission in the course of, or connected with, rendering services under the Distribution Agreement. The Distributor, each person who has been, is, or may hereafter be an officer, director, or employee or agent of the Distributor, and any person who controls the Distributor (within the meaning of Section 15 of the 1933 Act) shall be indemnified by the Registrant from and against any and all claims, demands, liabilities and expenses (including the cost of investigating or defending such claims, demands or liabilities and any counsel fees incurred in connection therewith) which the Distributor, its officers or Trustees, or any such controlling person may incur under the 1933 Act or under common law arising out of or based upon any alleged untrue statement of a material fact contained in the Registration Statement, Prospectus or Statement of Additional Information or arising out of or based upon any alleged omission to state a material fact required to be stated in said documents or necessary to make the statements not misleading. Registrant provides the following undertaking:

“Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to Trustees, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a Trustee, officer, or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such Trustee, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.”

 

Item 31. Business and Other Connections of Investment Adviser.

Any other business, profession, vocation or employment of a substantial nature in which each director or principal officer of each investment adviser is or has been, at any time during the last two fiscal years, engaged for his or her own account or in the capacity of director, officer, employee, partner or trustee are as follows:

SSGA FM serves as the investment adviser for each series of the Trust. SSGA FM is a wholly-owned subsidiary of State Street Global Advisors Inc., which is itself a wholly-owned subsidiary of State Street Corporation. Prior to June 8, 2017, SSGA FM was a wholly-owned subsidiary of State Street Corporation. SSGA FM and other advisory affiliates of State Street Corporation make up State Street Global Advisors, the investment arm of State Street Corporation. The principal address of SSGA FM is State Street Financial Center, One Lincoln Street, Boston, Massachusetts 02111. SSGA FM is an investment adviser registered under the Investment Advisers Act of 1940.


Below is a list of the directors and principal executive officers of SSGA Funds Management, Inc. (“SSGA FM”) and their principal occupation. Unless otherwise noted, the address of each person listed is State Street Financial Center, One Lincoln Street, Boston, Massachusetts 02111-2900.

 

Name    Principal Occupation

James E. Ross

   Chairman and Director of SSGA FM; Executive Vice President of SSGA

Ellen Needham

   Director and President of SSGA FM; Senior Managing Director of SSGA

Barry Smith

   Director and CTA - Chief Marketing Officer of SSGA FM; Senior Managing Director of SSGA

Lori Heinel

   Director of SSGA FM; Executive Vice President of SSGA

Steven Lipiner

   Director of SSGA FM; Chief Financial Officer of SSGA

Alyssa Albertelli

   Chief Compliance Officer of SSGA FM; Chief Compliance Officer of SSGA

Bo Trevino

   Treasurer of SSGA FM; Vice President of SSGA

Sean O’Malley, Esq.

   Chief Legal Officer of SSGA FM; Deputy General Counsel of SSGA

Ann Carpenter

   Chief Operating Officer of SSGA FM; Managing Director of SSGA

Greg Hartch

   Chief Risk Officer of SSGA FM; Senior Vice President of SSGA

Joshua A. Weinberg, Esq.

   Clerk of SSGA FM; Managing Director and Managing Counsel of SSGA

Dan Furman, Esq.

   Assistant Clerk of SSGA FM; Managing Director and Managing Counsel of SSGA

Leanne Dunn, Esq.

   Assistant Clerk of SSGA FM; Managing Director and Senior Counsel of SSGA

Mike Pastore, Esq.

   Assistant Clerk of SSGA FM; Managing Director and Senior Counsel of SSGA

 

Item 32. Principal Underwriters

 

(a) State Street Global Advisors Funds Distributors, LLC (“SSGA FD”), State Street Financial Center, One Lincoln Street, Boston, Massachusetts 02111, serves as the Trust’s principal underwriter and also serves as the principal underwriter for the following investment companies: State Street Institutional Trust, State Street Variable Insurance Series Funds, Inc., SPDR Series Trust, SPDR Index Shares Funds, SSGA Active Trust, Elfun Tax Exempt Income Fund, Elfun Income Fund, Elfun International Equity Fund, Elfun Government Money Market Fund, Elfun Trusts, Elfun Diversified Fund, State Street Institutional Investment Trust and State Street Master Funds.

 

(b) To the best of the Registrant’s knowledge, the directors and executive officers of SSGA FD, are as follows:

 

NAME AND PRINCIPAL

BUSINESS ADDRESS*

  

POSITION AND OFFICES WITH

UNDERWRITER

  

POSITION AND OFFICES WITH

REGISTRANT

James E. Ross

   Chief Executive Officer and Director    Trustee

Gregory B. Hartch

   Director    None

Nicholas M. Good

   Director    None

Jeanne M. LaPorta

   Director    None

Steven Lipiner

   Director    None

Katherine S. McKinley

   Director    None

Ellen M. Needham

   Director    President

M. Patrick Donovan

  

Chief Compliance Officer and

Anti-Money Laundering Officer

   None

Christopher P. Jensen

   Chief Financial Officer    None

Sean P. O’Malley, Esq.

   Chief Legal Officer    None

 

* The Principal business address for each of the above directors and executive officers is One Lincoln Street, Boston, MA 02111.


(c) Not applicable.

 

Item 33. Location of Accounts and Records

The Registrant’s Sub-Administrator, State Street Bank and Trust Company, 100 Summer Street, 7th Floor, Boston, Massachusetts 02111, will maintain the physical possession of the books and records required by subsection (b)(4) of Rule 31a-1 under the Investment Company Act of 1940. All other accounts, books and documents required by Rule 31a-1 are maintained in the physical possession of Registrant’s (i) investment adviser, SSGA Funds Management, Inc., One Lincoln Street, Boston, Massachusetts 02111; or 32nd Floor, Two Exchange Square, 8 Connaught Place, Central Hong Kong, China; or 21 St. James Square, London SW1Y 4SS, England, or (ii) transfer agent, DST Asset Manager Solutions, Inc. (formerly known as Boston Financial Data Services, Inc.), 2000 Crown Colony Drive, Quincy, MA 02169; or (iii) Custodian, State Street Bank and Trust Company, One Lincoln Street, Boston, MA 02111; 1776 Heritage Drive, North Quincy, Massachusetts 02171; and 200 Newport Avenue, Josiah Quincy Building JQ5S, North Quincy, MA 02171.

 

Item 34. Management Services

Not applicable.

 

Item 35. Undertakings

Not applicable.


EXHIBIT INDEX

 

Exhibit
No.

 

Document

28(h)(5)   Amendment to Schedule A of the Transfer Agency and Services Agreement
28(h)(6)   Amendment to Transfer Agency and Service Agreement


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, SSGA Funds, certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment No. 156 to its Registration Statement pursuant to Rule 462(d) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston and Commonwealth of Massachusetts on the 19th day of January, 2018.

 

SSGA FUNDS
By:  

/s/ Ellen M. Needham

  Ellen M. Needham
  President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities as indicated on January 19, 2018:

 

Signature

      

Signature

/s/ Michael F. Holland*

Michael F. Holland, Trustee

    

/s/ James E. Ross*

James E. Ross, Trustee

/s/ William L. Marshall*

William L. Marshall, Trustee

    

/s/ Richard D. Shirk*

Richard D. Shirk, Trustee

/s/ Patrick J. Riley*

Patrick J. Riley, Trustee

    

/s/ Rina K. Spence*

Rina K. Spence, Trustee

/s/ Michael A. Jessee*

Michael A. Jessee, Trustee

    

/s/ Bruce D. Taber*

Bruce D. Taber, Trustee

/s/ Bruce S. Rosenberg

Bruce S. Rosenberg, Treasurer and Principal Financial Officer

    

/s/ Douglas T. Williams*

Douglas T. Williams, Trustee

/s/ Ellen M. Needham

Ellen M. Needham, President and Principal Executive Officer

    

 

 

 

*By:  

/s/ Jesse Hallee

  Jesse Hallee
  Attorney-in-Fact
  Pursuant to Powers of Attorney


SIGNATURES

This Registration Statement contains certain disclosures regarding the State Street Equity 500 Index Portfolio (the “Portfolio”), a series of State Street Master Funds (the “Trust”). The Trust has, subject to the next following sentence, duly caused this Post-Effective Amendment No. 156 to the Registration Statement on Form N-1A of SSGA Funds (the “Registrant”) to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston and the Commonwealth of Massachusetts on January 19, 2018. The Trust is executing this Registration Statement only in respect of the disclosures contained herein specifically describing the Trust and the Portfolio, and hereby disclaims any responsibility or liability as to any other disclosures in this Registration Statement.

 

STATE STREET MASTER FUNDS
By:  

/s/ Ellen M. Needham

  Ellen M. Needham
  President, State Street Master Funds

This Registration Statement on Form N-1A of the Registrant has been signed below by the following persons, solely in the capacities indicated and subject to the next following sentence, on January 19, 2018. Each of the following persons is signing this Post-Effective Amendment No. 156 to this Registration Statement only in respect of the disclosures contained herein specifically describing the Trust and the Portfolio, and hereby disclaims any responsibility or liability as to any other disclosures in this Registration Statement.

 

Signature

     

Signature

/s/ Michael F. Holland*

Michael F. Holland, Trustee

   

/s/ James E. Ross*

James E. Ross, Trustee

/s/ William L. Marshall*

William L. Marshall, Trustee

   

/s/ Richard D. Shirk*

Richard D. Shirk, Trustee

/s/ Patrick J. Riley*

Patrick J. Riley, Trustee

   

/s/ Rina K. Spence*

Rina K. Spence, Trustee

/s/ Michael A. Jessee*

Michael A. Jessee, Trustee

   

/s/ Bruce D. Taber*

Bruce D. Taber, Trustee

/s/ Bruce S. Rosenberg

Bruce S. Rosenberg, Treasurer and Principal Financial Officer

   

/s/ Douglas T. Williams*

Douglas T. Williams, Trustee

/s/ Ellen M. Needham

Ellen M. Needham, President and Principal Executive Officer

   

 

 

 

*By: /s/ Jesse Hallee

Jesse Hallee
Attorney-in-Fact
Pursuant to Powers of Attorney
EX-99.28(H)(5) 2 d528320dex9928h5.htm AMENDMENT TO SCHEDULE A OF THE TRANSFER AGENCY AND SERVICES AGREEMENT Amendment to Schedule A of the Transfer Agency and Services Agreement

Ex. 28(h)(5)

AMENDMENT

To

Transfer Agency and Service Agreement

Between

State Street Institutional Investment Trust

SSGA Funds

And

Boston Financial Data Services, Inc.

This Amendment is made as of this 9th day of June, 2017, between Boston Financial Data Services, Inc. (the “Transfer Agent”) and State Street Institutional Investment Trust and SSGA Funds (each, a “Fund and together, the “Funds”), each entity individually and not jointly, as listed on Schedule A, to the Transfer Agency and Service Agreement between the parties dated June 1, 2015, as amended (the “Agreement”). In accordance with Section 15.1 (Amendment) and Section 16 (Additional Portfolios/Funds) of the Agreement, the parties desire to amend the Agreement as set forth herein.

NOW THEREFORE, the parties agree as follows:

 

1. Schedule A. The current Schedule A to the Agreement is hereby replaced and superseded with the Schedule A attached hereto, effective as of June 9, 2017; and

 

2. All defined terms and definitions in the Agreement shall be the same in this Amendment (the “June 9, 2017 Amendment”) except as specifically revised by this Amendment; and

 

3. Except as specifically set forth in this June 9, 2017 Amendment, all other terms and conditions of the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this June 9, 2017 Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the day and year first above written.

(Signatures on following page)


STATE STREET INSTITUTIONAL INVESTMENT TRUST ON BEHALF OF ITSELF AND EACH OF ITS PORTFOLIOS, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A     BOSTON FINANCIAL DATA SERVICES, INC.
By:  

/s/ Ellen M. Needham

    By:  

/s/ Richard J. Johnson

Name:   Ellen M. Needham     Name:   Richard J. Johnson
Title:   President     Title:   Managing Director
As an Authorized Officer on behalf of each of the Funds indicated on Schedule A      

 

SSGA FUNDS ON BEHALF OF ITSELF AND EACH OF ITS PORTFOLIOS, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A
By  

/s/ Ellen. M. Needham

Name:   Ellen M. Needham
Title:   President
As an Authorized Officer on behalf of each of the Funds indicated on Schedule A

 

- 2 -


SCHEDULE A

Effective Date: June 9, 2017

SSGA Funds

SSGA Dynamic Small Cap Fund

State Street Disciplined Emerging Markets Equity Fund

SSGA Enhanced Small Cap Fund

SSGA High Yield Bond Fund

SSGA International Stock Selection Fund

SSGA S&P 500 Index Fund

State Street Institutional Investment Trust

State Street 60 Day Money Market Fund*

State Street Aggregate Bond Index Fund

State Street Asian Pacific Value Spotlight Fund

State Street Cash Reserves Fund*

State Street Conservative Income Fund*

State Street Current Yield Fund*

State Street Disciplined Global Equity Fund

State Street Disciplined International Equity Fund

State Street Disciplined US Equity Fund

State Street Emerging Markets Equity Index Fund

State Street Equity 500 Index Fund

State Street ESG Emerging Markets Fund*

State Street European Value Spotlight Fund

State Street Global Allocation Fund*

State Street Global Equity ex U.S. Index Fund

State Street Global Macro Absolute Return Fund*

State Street Global Value Spotlight Fund

State Street Green Bond Fund*

State Street Hedged International Developed Equity Index Fund

State Street Income Allocation Fund*

State Street International Developed Equity Index Fund*

State Street International Value Spotlight Fund

State Street Institutional Liquid Assets Fund*

State Street Institutional Liquid Reserves Fund

State Street Institutional Treasury Money Market Fund

State Street Institutional Treasury Plus Money Market Fund

State Street Institutional U.S. Government Money Market Fund

State Street U.S. Value Spotlight

State Street Macro Absolute Return Bond Fund*

State Street MSCI Canada Index Fund*

State Street MSCI Europe Index Fund*

State Street MSCI Japan Index Fund*

State Street MSCI Pacific ex Japan Index Fund*

State Street Multi-Asset Real Return Fund*

 

* The Fund is not active

 

- 3 -


SCHEDULE A

Effective Date: June 9, 2017

 

State Street Institutional Investment Trust (cont.)

 

State Street Opportunistic Emerging Markets Equity Fund*

State Street Small Cap Emerging Markets Equity Fund*

State Street Small/Mid Cap Equity Index Fund

State Street Strategic Real Return Fund*

State Street Target Retirement Fund

State Street Target Retirement 2015

State Street Target Retirement 2020

State Street Target Retirement 2025

State Street Target Retirement 2030

State Street Target Retirement 2035

State Street Target Retirement 2040

State Street Target Retirement 2045

State Street Target Retirement 2050

State Street Target Retirement 2055

State Street Target Retirement 2060

State Street Treasury Obligations Money Market Fund*

State Street Ultra Short Term Bond Fund*

 

* The Fund is not active
EX-99.28(H)(6) 3 d528320dex9928h6.htm AMENDMENT TO TRANSFER AGENCY AND SERVICE AGREEMENT Amendment to Transfer Agency and Service Agreement

Ex. 28(h)(6)

AMENDMENT

To

Transfer Agency and Service Agreement

Between

State Street Institutional Investment Trust,

SSGA Funds

And

Boston Financial Data Services, Inc.

This Amendment is made as of this 27th day of October, 2017, effective 1st day of July, 2017, between Boston Financial Data Services, Inc. (the “Transfer Agent”) and State Street Institutional Investment Trust and SSGA Funds (each, a “Fund” and together, the “Funds”) to the Transfer Agency and Service Agreement between the parties dated June 1, 2015, as amended (the “Agreement”). In accordance with Section 15.1 (Amendment) of the Agreement, the parties desire to amend the Agreement as set forth herein.

NOW THEREFORE, the parties agree as follows:

 

1. The Fund(s) requests that the Transfer Agent perform market timing review for fully disclosed accounts. Therefore the following Section 1.2(cc) is added to the Agreement:

“(cc) Excessive Trader Change In Investment Direction. The Transfer Agent will monitor the Funds’ fully disclosed accounts using the Excessive Trader Change In Investment Direction application, as applicable. The Transfer Agent will provide the Funds with periodic reports on trading activity in the Funds based on parameters set forth by the Funds, as amended from time to time. Such parameters include a purchase followed by a redemption or a redemption followed by a purchase (Monitor 1) within 30 days and a twenty-five thousand dollar threshold transaction amount. Any exception to these parameters will be agreed upon in writing by the parties. The services to be performed by the Transfer Agent for the Funds hereunder will be ministerial only and the Transfer Agent shall have no responsibility for reviewing market-timing activities. In consideration of the performance of the duties by the Transfer Agent pursuant to this Section 1.2(cc), the Funds agree to pay the Transfer Agent the fees set forth on Schedule 2.1.”

 

2. Omnibus Transparency Services. Schedule 1.2(z) Section B 4(a) is hereby replaced with the following:

“(a) Review daily trades for omnibus sub-accounts and fully disclosed accounts utilizing a custom analytic that identifies the following trading scenarios as potential trading violations: a redemption followed by a purchase or a purchase followed by a redemption within a 30 day trading window where all transactions are greater than or equal to $25,000.”

 

3. Fee Schedule. Schedule 2.1 Fees and Expenses is hereby amended and replaced with the attached Schedule 2.1.

 

4. All defined terms and definitions in the Agreement shall be the same in this amendment (the “October 27, 2017 Amendment”) except as specifically revised by this amendment.

 

1


October 27, 2017, Amendment

Signature Page

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the day and year first above written.

 

STATE STREET INSTITUTIONAL INVESTMENT TRUST ON BEHALF OF ITSELF AND EACH OF ITS PORTFOLIOS, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A
By:  

/s/ Ellen M. Needham

Name:   Ellen M. Needham
Title:   President
As an Authorized Officer on behalf of each of the Funds indicated on Schedule A
BOSTON FINANCIAL DATA SERVICES, INC.
By:  

/s/ George T. Costas

Name:   George T. Costas
Title:   Managing Director
 
 
 
SSGA FUNDS ON BEHALF OF ITSELF AND EACH OF ITS PORTFOLIOS, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A
By:  

/s/ Ellen M. Needham

Name:   Ellen M. Needham
Title:   President
As an Authorized Officer on behalf of each of the Funds indicated on Schedule A
 

 

2


SCHEDULE 2.1

FEES AND EXPENSES

Effective Date: July 1, 2014 through June 30, 2018

Amended: October 27, 2017

[Intentionally Redacted]

 

3


SCHEDULE 2.1

FEES AND EXPENSES

Effective Date: July 1, 2014 through June 30, 2018

Amended: October 27, 2017

(continued)

 

[Intentionally Redacted]

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