U.S. Securities and Exchange Commission
Washington, D.C. 20549
FORM N-17f-2
Certificate of Accounting of Securities and Similar Investments in the Custody
of Management Investment Companies
Pursuant to Rule 17f-2 [17 CFR 270.17f-2]
1. Investment Company Act File Number: Date examination completed:
811-08837 April 30, 2008
2. State Identification Number:
AL AK AZ AR CA CO
CT DE DC FL GA HI
ID IL IN IA KS KY
LA ME MD MA None MI MN
MS MO MT NE NV NH
NJ NM NY NC ND OH
OK OR PA RI SC SD
TN TX UT VT VA WA
WV WI WY PUERTO RICO
|
Other (specify):[ ]
3. Exact name of investment company as specified in registration statement:
The Select Sector SPDR Trust
4. Address of principal executive office: (number, street, city, state,
zip code) 1 Lincoln Street, Boston, MA 02111
INSTRUCTIONS
This Form must be completed by the investment companies that have custody of
securities or similar investments.
Investment Company
1. All items must be completed by the investment company.
2. Give this Form to the independent public accountant who, in compliance
with Rule 17f-2 under the Act and applicable state law, examines securities
and similar investments in the custody of the investment company.
Accountant
3. Submit this Form to the Securities and Exchange Commission and
appropriate state securities administrators when filing the certificate
of accounting required by Rule 17f-2 under the Act and applicable state law.
File the original and one copy with the Securities and Exchange Commissions
principal office in Washington, D.C., one copy with the regional office for
the region in which the investment companys principal business operations
are conducted, and one copy with the appropriate state administrator(s),
if applicable.
THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees of
The Select Sector SPDR Trust
We have examined management's assertion, included in the accompanying Management
Statement Regarding Compliance with Certain Provisions of the Investment Company
Act of 1940, about each of the portfolios comprising The Select Sector SPDR
Trust (the "Trust") complied with the requirements of subsections (b) and (c) of
Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of April 30,
2008. Management is responsible for the Trust's compliance with those
requirements. Our responsibility is to express an opinion on management's
assertion about the Trust's compliance based on our examination.
Our examination was made in accordance with the standards of the Public Company
Accounting Oversight Board (United States) and, accordingly, included examining,
on a test basis, evidence about the Trust's compliance with those requirements
and performing such other procedures as we considered necessary in the
circumstances. Included among our procedures were the following tests performed
as of April 30, 2008, and with respect to agreement of security purchases and
sales, for the period from December 31, 2007 (the date of our last examination)
through April 30, 2008:
- Confirmation all securities held in book entry form at the Depository Trust
Company. For such securities, review of all reconciliations of the security
positions recorded at State Street Bank and Trust Company, the Trust's
custodian (the "Custodian"), to the positions held in omnibus form for the
Custodian's account at the Depository Trust Company;
- Confirmation of all securities hypothecated, pledged, placed in escrow, or
out for transfer with brokers, pledges and/or transfer agents;
- Reconciliation of all such securities to the books and records of the Trust
and the Custodian; and
- Agreement of security purchases and security sales or maturities during the
period December 31, 2007 to April 30, 2008 from the books and records of
the Trust to broker confirmations.
We believe that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Trust's compliance
with specified requirements.
In our opinion, management's assertion that The Select Sector SPDR Trust was in
compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the
Investment Company Act of 1940 as of April 30, 2008 with respect to securities
reflected in the investment accounts of the Trust is fairly stated, in all
material respects.
This report is intended solely for the information and use of the Board of
Trustees, management of the Trust and the Securities and Exchange Commission and
is not intended and should not be used by anyone other than these specified
parties.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
September 26, 2008
|
MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH CERTAIN PROVISIONS OF THE
INVESTMENT COMPANY ACT OF 1940
We, as members of management of The Select Sector SPDR Trust (the Trust), are
responsible for complying with the requirements of subsections (b) and (c) of
Rule 17f-2, Custody of Investments by Registered Management Investment
Companies, of the Investment Company Act of 1940. We are also responsible for
establishing and maintaining effective internal controls over compliance with
those requirements. We have performed an evaluation of the Trust's compliance
with the requirements of subsections (b) and (c) of Rule 17f-2 as of April 30,
2008, and from December 31, 2007 through April 30, 2008.
Based on this evaluation, we assert that the Trust was in compliance with the
requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company
Act of 1940 as of April 30, 2008, and from December 31, 2007 through April 30,
2008, with respect to securities reflected in the investment accounts of the
Trust.
THE SELECT SECTOR SPDR TRUST
/s/ Chad C. Hallett
Treasurer
September 26, 2008
|
Materials Select Sector (AMEX:XLB)
Historical Stock Chart
From May 2024 to Jun 2024
Materials Select Sector (AMEX:XLB)
Historical Stock Chart
From Jun 2023 to Jun 2024
