The Fund invests in prime money market instruments that meet State Street Global Advisors' ESG criteria. The portfolio construction process is a multi-step method involving fundamental risk budget allocation, optimisation, and ESG assessment. The Fund, which is domiciled in the United States and registered under the Investment Company Act of 1940 (the Act), will have a floating net asset value and will be managed and operated to comply with Rule 2a-7 of the Act. "As appetites for ESG investment opportunities continue to grow, institutional investors need options across all asset classes. There's currently an industry-wide lack of ESG data that is financially material, consistently reported, and comparable across firms; using the R-FactorTM scoring system allows us to address this critical issue by incorporating State Street Global Advisors' expertise," says McCusker.