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This excerpt taken from the PCG 10-K filed Feb 24, 2009. SRSP Large Company Stock Index
Fund seeks to match the performance of the S&P 500
Index. The Fund invests in all 500 stocks in the S&P 500 Index in
proportion to their weightings in the Index. The S&P 500 provides
exposure to about 85% of the market value of all publicly traded common stocks
in the United States. The strategy of investing in the same stocks as
the S&P 500 Index minimizes the need for trading and results in lower
expenses. The Fund is managed by State Street Global Advisors
(SSgA).
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