State Street Target Retirement 2040 Fund

This fund, overseen by SSGA Funds Management, Inc. (the Adviser), utilizes its unique asset allocation methodology. Operating as a "fund of funds," it strategically invests in a diverse selection of mutual funds and exchange-traded funds (ETFs) sponsored by the Adviser or its affiliates. It is specifically designed for investors planning to retire approximately in 2040, at which point new contributions to the fund are typically expected to stop.