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SPDR® Bloomberg Barclays Global Aggregate Bond CHF Hdg UCITS ETF (Acc) GLAC SE

Important Risk Disclosure

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

The Fund/share class may use financial derivatives instruments for currency hedging and to manage the portfolio efficiently. The Fund may purchase securities that are not denominated in the share class currency. Hedging should mitigate the impact of exchange rate fluctuations however hedges are sometimes subject to imperfect matching which could generate losses.

NAV

CHF 31,16

as of 06 Dec 2019

Share Class Currency

CHF

1 Day Nav Change

CHF -0,04 (-0,12%)

as of 06 Dec 2019

Share Class Assets (millions)

CHF 47,33 M

as of 06 Dec 2019

TER

0,10%

Quick Links

Fund Objective

Fund Objective

The objective of the Fund is to track the performance of global markets for investment grade (high quality) fixed-rate debt securities.  

Index Description

Index Description

The Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg Barclays Global Aggregate Bond Index, to CHF. The index is 100% hedged to the CHF by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of government, government-related and corporate bonds, as well as asset-backed, mortgage-backed and commercial mortgage-backed securities from both developed and emerging markets issuers.

Fund Information as of 06 Dec 2019

Fund Information as of 06 Dec 2019

ISIN iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

 Inception Date Countries of Registration Currency Hedging Share Class Currency Income Treatment
IE00BF1QPK61 INGLAC 06 Apr 2018 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom Monthly CHF Accumulation
ISIN IE00BF1QPK61
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

 INGLAC
Inception Date 06 Apr 2018
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency CHF
Income Treatment Accumulation
Settlement Cycle Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant
Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3 DD+1 0,10% Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged) 1 Share CHF Yes
Settlement Cycle Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3
Trading Cycle DD+1
TER 0,10%
Benchmark Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged)
Minimum Investment 1 Share
Trading Currency CHF
UCITS Compliant Yes
Domicile Investment Manager Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible
Ireland State Street Global Advisors Limited SSGA SPDR ETFs Europe I plc Stratified Sampling - No Yes
Domicile Ireland
Investment Manager State Street Global Advisors Limited
Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible UK Reporting Status
Yes Seeking
SIPP Eligible Yes
UK Reporting Status Seeking

Listing and Ticker Information as of 06 Dec 2019

Listing and Ticker Information as of 06 Dec 2019

Exchange SIX Swiss Exchange (Primary)
Trading Currency CHF
Listing Date 09 Apr 2018
Exchange Ticker GLAC
SEDOL Code BF1QPL7
Bloomberg Code GLAC SE
Reuters Code GLAC.S
Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
SIX Swiss Exchange (Primary) CHF 09 Apr 2018 GLAC BF1QPL7 GLAC SE GLAC.S

INAV

INAV

Estimated NAV per Unit at 4PM, Hong Kong as of Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER CURRENCY INAV
Estimated NAV per Unit at 4PM, Hong Kong as of
Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER
CURRENCY
INAV

The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.

Fund Characteristics as of 05 Dec 2019

Fund Characteristics as of 05 Dec 2019

Current Yield Effective Convexity Effective Duration Number of Holdings Yield to Maturity Average Maturity in Years Average Price
2,21% 0,84% 7,13 3 074 1,41% 8,80 USD $108,82
Current Yield 2,21%
Effective Convexity 0,84%
Effective Duration 7,13
Number of Holdings 3 074
Yield to Maturity 1,41%
Average Maturity in Years 8,80
Average Price USD $108,82

Fund Market Price as of 06 Dec 2019

Fund Market Price as of 06 Dec 2019

Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
CHF 31,14 CHF 31,18 CHF 31,16 CHF 0,04 CHF 31,16 CHF 31,16 CHF 32,00
Bid Price CHF 31,14
Offer Price CHF 31,18
Closing Price CHF 31,16
Bid/Offer Spread CHF 0,04
Day High CHF 31,16
Day Low CHF 31,16
52 Week High CHF 32,00
52 Week Low
CHF 29,58
52 Week Low CHF 29,58

Fund Net Asset Value as of 06 Dec 2019

Fund Net Asset Value as of 06 Dec 2019

NAV Share Class Assets (millions) Shares in Issue Total Fund Assets (millions)
CHF 31,16 CHF 47,33 M 1 518 815 USD $625,78 M
NAV CHF 31,16
Share Class Assets (millions) CHF 47,33 M
Shares in Issue 1 518 815
Total Fund Assets (millions) USD $625,78 M
Most Recent NAV/NAV History

Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.

Fund Performance
View as

Fund Performance

  • Fund Inception Date: 06 Apr 2018
  • Index Inception Date: 31 Aug 2008
Cumulative Annualised Calendar
Month End
As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
06 Apr 2018
Fund Net 30 Nov 2019 -0,33% -1,54% 4,93% 6,01% - - 4,26%
Difference 30 Nov 2019 0,00% -0,02% -0,19% -0,22% - - -0,26%
Fund Gross 30 Nov 2019 -0,32% -1,52% 5,03% 6,12% - - 4,43%
Difference 30 Nov 2019 0,01% 0,00% -0,09% -0,11% - - -0,09%
Index
Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged)
 30 Nov 2019 -0,34% -1,52% 5,12% 6,23% 4,17% 5,96% 4,52%

as of 30 Nov 2019

Month End
As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
06 Apr 2018
Fund Net 30 Nov 2019 -0,33% -1,54% 4,93% 6,01% - - 2,56%
Difference 30 Nov 2019 0,00% -0,02% -0,19% -0,22% - - -0,15%
Fund Gross 30 Nov 2019 -0,32% -1,52% 5,03% 6,12% - - 2,66%
Difference 30 Nov 2019 0,01% 0,00% -0,09% -0,11% - - -0,05%
Index
Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged)
 30 Nov 2019 -0,34% -1,52% 5,12% 6,23% 1,37% 1,16% 2,71%

as of 30 Nov 2019

2019 (YTD) 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund Net 4,93% -0,64% - - - - - - - - -
Difference -0,19% -0,07% - - - - - - - - -
Fund Gross 5,03% -0,57% - - - - - - - - -
Difference -0,09% 0,00% - - - - - - - - -
Index
Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged)
 5,12% -0,57% 0,56% 1,78% -0,52% 7,28% - - - - -

as of 30 Nov 2019

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.

Top Holdings

Top Holdings
Fund Top Holdingsas of 05 Dec 2019

Fund Top Holdings as of 05 Dec 2019

Security Name Weight
TREASURY BILL 0 01/30/2020 0,35%
TREASURY BILL 0 12/12/2019 0,32%
US TREASURY N/B 2 12/31/2021 0,24%
US TREASURY N/B 1.25 10/31/2021 0,24%
JAPAN (5 YEAR ISSUE) 0.1 12/20/2023 0,24%
JAPAN (5 YEAR ISSUE) 0.1 06/20/2022 0,23%
JAPAN (5 YEAR ISSUE) 0.1 09/20/2021 0,22%
JAPAN (2 YEAR ISSUE) 0.1 11/01/2021 0,22%
JAPAN (10 YEAR ISSUE) 0.1 03/20/2029 0,21%
JAPAN (10 YEAR ISSUE) 0.1 03/20/2028 0,21%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 05 Dec 2019

Fund Sector Allocation as of 05 Dec 2019

Sector Weight
Treasury 54,75%
Mortgage Backed Securities 12,43%
Corporate - Industrial 10,47%
Corporate - Finance 6,93%
Non Corporates 6,07%
Agency 3,52%
Corporate - Utility 1,49%
CMBS 0,82%
Cash 0,78%
Asset Backed Securities 0,23%
Other 2,51%

Geographical Weights

Geographical Weights

Fund Maturity Ladderas of 05 Dec 2019

Fund Maturity Ladder
as of 05 Dec 2019
0 - 1 Year 1,54%
1 - 2 Years 9,20%
2 - 3 Years 10,73%
3 - 5 Years 24,41%
5 - 7 Years 15,75%
7 - 10 Years 14,19%
10 - 15 Years 4,86%
15 - 20 Years 6,51%
20 - 30 Years 10,97%
> 30 Years 1,85%

Fund Quality Breakdownas of 05 Dec 2019

Fund Quality Breakdown
as of 05 Dec 2019
Aaa 39,75%
Aa 15,08%
A 30,23%
Baa 14,92%
Below Baa 0,02%

Fund Documents

Fund Documents

Tax Documents

Tax Documents

Information & Schedules

Information & Schedules

Fund Footnote

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is affiliated with State Street, and neither approves, endorses, reviews or recommends SPDR Bloomberg Barclays Global Aggregate Bond CHF Hdg UCITS ETF. Neither Bloomberg nor Barclays guarantees the timeliness, accurateness or completeness of any data or information relating to Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged), and neither shall be liable in any way to the State Street, investors in SPDR Bloomberg Barclays Global Aggregate Bond CHF Hdg UCITS ETF or other third parties in respect of the use or accuracy of the Bloomberg Barclays Global Aggregate Bond Index (CHF Hedged) or any data included therein.

Questions? Feel free to

Important Risk Information:

 

SPDR ETF is the exchange traded funds ("ETF") platform of State Street Global Advisors and is comprised of funds that have been authorised by European regulatory authorities as open-ended UCITS investment companies. SPDR ETFs may not be available or suitable for you.

 

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

 

Changes in exchange rates may have an adverse effect on the value, price or income of an investment. Further, there is no guarantee an ETF will achieve its investment objective.

 

SHARES IN THE FUNDS OF THE SPDR® ETF SICAV, SSGA SPDR ETFS EUROPE I AND SSGA SPDR ETFS EUROPE II PLC MAY NOT BE AVAILABLE FOR OR SUITABLE FOR YOU. THE VIEWS EXPRESSED IN THIS SITE DO NOT CONSTITUTE INVESTMENT ADVICE. INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE FUNDS OR ANY OTHER FINANCIAL INSTRUMENT.

 

Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

 

SPDR ETFs may be offered and sold only in those jurisdictions where authorised, in compliance with applicable regulations.

 

Information related to Mexico

 

This information does not constitute and is not intended to constitute marketing or an offer of securities and accordingly should not be construed as such. The Funds referenced herein have not been, and will not be, registered under the Mexican Securities Market Law (Ley del Mercado de Valores) and may not be publicly offered or sold in the United Mexican States. Disclosure documentation related to any of the aforementioned Funds may not be distributed publicly in Mexico and shares of the Funds may not be traded in Mexico.

 

You should obtain the Prospectus and Key Investor Information Document (KIID) relating to specific SPDR ETFs and read them carefully prior to investing. For further information and the Prospectus/KIID describing the characteristics, costs and risks of SPDR ETFs, download a Prospectus or KIID here, talk to your financial advisor, or obtain it from your local SSGA office.

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