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.
The objective of the Fund is to track the performance of the global convertible bond market.
The Refinitiv Qualified Global Convertible Monthly Hedged (GBP) index represents the performance achieved when hedging the currency exposure of its parent index, the Refinitiv Qualified Global Convertible Index, to GBP. The index is 100% hedged to GBP by selling forwards of all the currencies in the parent index at each monthly rebalance based on the anticipated exposure to each currency following the rebalance. The Refinitiv Qualified Global Convertible Index is designed to provide a broad measure of the performance of the investable, global convertible bond market.
|Inception Date||31 Jan 2022|
|Countries of Registration||Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom|
|Share Class Currency||GBP|
|Settlement Cycle||Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3|
|Benchmark||Refinitiv Qualified Global Convertible Monthly Hedged (GBP) Index|
|Minimum Investment||1 Share|
|Investment Manager||State Street Global Advisors Europe Limited|
State Street Global Advisors Limited
State Street Global Advisors Trust Company
|Fund Umbrella||SSGA SPDR ETFs Europe II plc|
|Replication Method||Stratified Sampling|
|UK Reporting Status||Yes|
|Exchange||Trading Currency||Listing Date||Exchange Ticker||SEDOL Code||Bloomberg Code||Reuters Code|
|CBOE NL Equities - Regulated Market (Primary)||GBP||01 Feb 2022||GCVGx||BPBS405||GCVGx I2||GCVGx.DXE|
|London Stock Exchange||GBP||02 Feb 2022||GCVG||BFMN692||GCVG LN||GCVG.L|
|Estimated NAV per Unit at 4PM, Hong Kong as of|
|Estimated NAV per Unit as of (Updated every 15 seconds)|
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.
|Number of Holdings||371|
|Yield to Maturity||0,01%|
|Average Maturity in Years||3,17|
|52 Week High||£30,53|
|52 Week Low||£25,16|
|Share Class Assets||£0,22 M|
|Shares in Issue||8 289|
|Total Fund Assets USD||$1 055,14 M|
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.
|PALO ALTO NETWORKS 0.375||1,28%|
|PALO ALTO NETWORKS 0.75 07/01/2023||1,20%|
|PIONEER NATURAL RESOURCE 0.25 05/15/2025||1,05%|
|AMERICA MOVIL BV 0 03/02/2024||1,00%|
|DEXCOM INC 0.75 12/01/2023||0,97%|
|FORD MOTOR COMPANY 0||0,97%|
|SOUTHWEST AIRLINES CO 1.25 05/01/2025||0,88%|
|DISH NETWORK CORP 3.375 08/15/2026||0,86%|
|PINDUODUO INC 0 12/01/2025||0,83%|
|SIKA AG 0.15 06/05/2025||0,76%|
|Oil & Gas||2,39%|
|Food & Drink||0,63%|
|0 - 1 Year||8,34%|
|1 - 2 Years||10,18%|
|2 - 3 Years||30,70%|
|3 - 5 Years||41,23%|
|5 - 7 Years||8,03%|
|7 - 10 Years||1,07%|
|20 - 30 Years||0,45%|
*Source: State Street Global Advisors, FinAPU.
FinAPU provides an independent risk assessment platform of issuers based on real time available fundamental information allowing to evaluate issuers and instruments using data from Refinitiv and Fitch Solutions using proprietary risk and validated models. The indicative ratings are as of the date indicated, are subject to change, and should not be relied upon as current thereafter. For more Information, please go to finapu.com.
Characteristics, holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.
Capital Risk: Investing involves risk including the risk of loss of capital.
Past performance is not a reliable indicator of future performance.
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.
THE SPDR REFINITIV GLOBAL CONVERTIBLE BOND UCITS ETF (THE “PRODUCT”) IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY REFINITIV LIMITED OR ANY OF ITS SUBSIDIARIES OR AFFILIATES (“REFINITIV”). REFINITIV MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE OWNERS OF THE PRODUCT(S) OR ANY MEMBER OF THE PUBLIC REGARDING THE ADVISABILITY OF INVESTING IN SECURITIES GENERALLY OR IN THE PRODUCT(S) PARTICULARLY OR THE ABILITY OF THE REFINITIV QUALIFIED GLOBAL CONVERTIBLE INDEX (THE “INDEX”) TO TRACK GENERAL MARKET PERFORMANCE. REFINITIV’ ONLY RELATIONSHIP TO THE PRODUCT(S) AND STATE STREET GLOBAL ADVISORS (THE “LICENSEE”) IS THE LICENSING OF THE INDEX, WHICH IS DETERMINED, COMPOSED AND CALCULATED BY REFINITIV OR ITS LICENSORS WITHOUT REGARD TO THE LICENSEE OR THE PRODUCT(S). REFINITIV HAS NO OBLIGATION TO TAKE THE NEEDS OF THE LICENSEE OR THE OWNERS OF THE PRODUCT(S) INTO CONSIDERATION IN CONNECTION WITH THE FOREGOING. REFINITIV IS NOT RESPONSIBLE FOR AND HAS NOT PARTICIPATED IN THE DETERMINATION OF THE TIMING OF, PRICES AT, OR QUANTITIES OF THE PRODUCT(S) TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY WHICH THE PRODUCT(S) IS TO BE CONVERTED INTO CASH. REFINITIV HAS NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR TRADING OF THE PRODUCT(S).
REFINITIV DOES NOT GUARANTEE THE QUALITY, ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN. REFINITIV MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER OR FOR ANY OTHER USE. REFINITIV MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL REFINITIV HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR LOST PROFITS, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.