Friday, June 5, 2009
State Street 401k (SSP) Plan PSDS Scan 12/31/2008
The State Street 401k had several SMA funds that were represented by ETFs for the indices they track. The money market fund SVTXX was represented by VMMXX. Company stock like most financial services companies was down a lot in 2008. The 5yr APR for STT was -4.1% and as 0f 12/31/2007 the employees had STT as their largest investment. The employee portfolio was down with a 5yr APR of -1.13%.
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