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Fee Reduction: On November 1, 2023, the management cost for the SPDR® MSCI Australia Select High Dividend Yield Fund has been reduced to 0.20% p.a. from 0.35% p.a., making it amongst the most cost-effective ETF offering in its respective peer group.

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SPDR® MSCI Australia Select High Dividend Yield Fund SYI

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $28.40
as of 12 Apr 2024
Base Currency
AUD
1 Day Nav Change
- AUD $0.14 (-0.48%)
as of 12 Apr 2024
Assets Under Management
AUD $442.00 M
as of 12 Apr 2024
Management Costs
0.2% p.a.

Key Features

  • Capture Income - Potential to earn quarterly income from companies with relatively high dividend yields, with potential franking credits.
  • Robust Stock Selection - Screens for persistent and financially sustainable dividends, targets recurring income and helps avoid dividend traps.
  • Capture Capital Growth - Potential to capture stock price growth opportunities over the long term.
  • Diversification - Gain diversified exposure to a range of Australian companies across the broad economy (excluding REITS) through a single trade.

Fund Objective

The SPDR® MSCI Australia Select High Dividend Yield Fund seeks to closely track, before fees and expenses, the returns of the MSCI Australia Select High Dividend Yield Index.

About this Benchmark

The MSCI Australia Select High Dividend Yield Index is designed to reflect the performance of listed Australian companies with relatively high dividend income and quality characteristics with the potential for franked dividend income.

Fund Information as of 14 Apr 2024

Ticker Symbol SYI
Benchmark MSCI Australia Select High Dividend Yield Index
ASX iNav Code YSYI
Inception Date 28 Sep 2010
Management Costs 0.2% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Replicated
Investment Manager State Street Global Advisors, Australia, Limited ABN 42 003 914 225
Responsible Entity State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
Distribution Frequency Quarterly

Listing Information as of 14 Apr 2024

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 29 Sep 2010 AUD SYI SYI AU AU000000SYI8

Fund Characteristics as of 12 Apr 2024

Weighted Average Market Cap AUD $72,227.12 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

1.02%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

4.68%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

16.94
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

15.42
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

9.04
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

19.62%
Total Market Capitalisation AUD $993,714.50 M
Number of Holdings 60

Index Characteristics as of 31 Mar 2024

Weighted Average Market Cap AUD $72,925.95 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

1.42%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

4.66%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

17.12
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

15.49
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

9.12
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

19.51%
Total Market Capitalisation AUD $1,000,783.56 M

Fund Net Asset Value as of 12 Apr 2024

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $28.40
Assets Under Management AUD $442.00 M
Units on Issue 15,563,335

Fund Performance

  • Fund Inception Date: 28 Sep 2010

as of 31 Mar 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
28 Sep 2010
Fund Distribution Return 31 Mar 2024 1.43% 1.45% 1.45% 5.26% 9.15% 7.62% 6.33%
Fund Growth Return 31 Mar 2024 1.25% 2.50% 2.50% 2.08% 0.57% 0.43% 1.03%
Fund Total Return 31 Mar 2024 2.68% 3.95% 3.95% 7.34% 9.72% 8.05% 7.36%
Benchmark
MSCI Australia Select High Dividend Yield Index
31 Mar 2024 2.70% 3.99% 3.99% 7.77% 10.12% 8.44% 7.80%

Past Performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends (net of withholding tax) and other income.

Prior to the July 2016 month end the published Since Inception performance figure in the table above was calculated from 30 September 2010, and after this date it was calculated from 28 September 2010.

All SPDR ETFs, aside from the SPDR® S&P 500® ETF Trust and the SPDR® S&P®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

Fund History as of 31 Mar 2024

Growth of $10,000: SPDR® MSCI Australia Select High Dividend Yield Fund

Fund Inception Date: 28 Sep 2010

Currency: AUD

Top Holdings

Subject to change.

as of 12 Apr 2024
as of 31 Mar 2024

Fund Top 10 Holdings as of 12 Apr 2024

Name Weight
Cmnwlth Bk Of Aust 10.47%
Wesfarmers Ltd 10.44%
Macquarie Gp Ltd 9.61%
Bhp Group Ltd 9.08%
Woodside Energy Gr 7.92%
Rio Tinto Limited 6.55%
Fortescue Ltd 6.01%
Telstra Group Ltd 6.00%
Santos Limited 3.51%
Brambles Ltd 3.01%
Download All Holdings: Daily

Index Top 10 Holdings as of 31 Mar 2024

Name Weight
Cmnwlth Bk Of Aust 10.76%
Wesfarmers Ltd 10.61%
Macquarie Gp Ltd 10.02%
Bhp Group Ltd 8.73%
Woodside Energy Gr 7.92%
Rio Tinto Limited 6.18%
Telstra Group Ltd 6.10%
Fortescue Ltd 5.95%
Santos Limited 3.44%
Coles Group Ltd 3.10%

Sector Allocation

as of 12 Apr 2024
as of 31 Mar 2024

Fund Sector Breakdown as of 12 Apr 2024

Sector Weights
Materials 28.31%
Financials 23.27%
Consumer Discretionary 13.76%
Energy 13.43%
Communication Services 6.32%
Industrials 5.77%
Consumer Staples 4.82%
Utilities 2.33%
Health Care 1.71%
Information Technology 0.27%

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.

Index Sector Breakdown as of 31 Mar 2024

Sector Weights
Materials 27.27%
Financials 24.02%
Consumer Discretionary 13.98%
Energy 13.26%
Communication Services 6.42%
Industrials 5.85%
Consumer Staples 4.92%
Utilities 2.17%
Health Care 1.86%
Information Technology 0.26%

Distribution History as of 28 Mar 2024

Ex- Date Record Date Payment Date Dollars Per Unit Distribution

The amount distributed per unit.

Franking Credits

Franking credits per unit.

Foreign Tax Credits

Foreign tax credits per unit.

DRP Price

DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.

27 Mar 2024 28 Mar 2024 12 Apr 2024 0.404674 0.149865 0.000130 28.6276
28 Dec 2023 29 Dec 2023 11 Jan 2024 0.130768 0.053203 0.000456 28.2207
28 Sep 2023 29 Sep 2023 13 Oct 2023 0.495523 0.207914 0.000040 26.5018
29 Jun 2023 30 Jun 2023 12 Jul 2023 0.358387 0.148131 0.001287 27.184
30 Mar 2023 31 Mar 2023 14 Apr 2023 0.409046 0.176780 0.000000 28.2652
29 Dec 2022 30 Dec 2022 12 Jan 2023 0.192091 0.067392 0.000000 26.7457
29 Sep 2022 30 Sep 2022 14 Oct 2022 0.596409 0.256233 0.000000 24.9692
29 Jun 2022 30 Jun 2022 12 Jul 2022 2.898457 0.349743 0.000000 25.2238
30 Mar 2022 31 Mar 2022 12 Apr 2022 0.680341 0.271177 0.000000 31.6962
30 Dec 2021 31 Dec 2021 13 Jan 2022 0.113228 0.036873 0.000000 30.9184
29 Sep 2021 30 Sep 2021 12 Oct 2021 0.674573 0.268232 0.000000 27.9781
29 Jun 2021 30 Jun 2021 12 Jul 2021 0.250261 0.064353 0.000000 29.8169
30 Mar 2021 31 Mar 2021 14 Apr 2021 0.501237 0.180683 0.000000 28.3541
30 Dec 2020 31 Dec 2020 13 Jan 2021 0.250379 0.093987 0.000000 28.7602
29 Sep 2020 30 Sep 2020 12 Oct 2020 0.270978 0.110200 0.000000 24.0653
29 Jun 2020 30 Jun 2020 10 Jul 2020 0.067277 0.060176 0.000000 24.8384
30 Mar 2020 31 Mar 2020 14 Apr 2020 0.269018 0.110256 0.000000 22.0192
30 Dec 2019 31 Dec 2019 13 Jan 2020 0.396138 0.147310 0.000000 29.1222
27 Sep 2019 30 Sep 2019 11 Oct 2019 0.497507 0.194075 0.000000 30.2779
27 Jun 2019 28 Jun 2019 11 Jul 2019 0.678784 0.177759 0.000000 29.9382
28 Mar 2019 29 Mar 2019 12 Apr 2019 0.317257 0.115652 0.000086 28.261
28 Dec 2018 31 Dec 2018 11 Jan 2019 0.339830 0.144443 0.000000 25.2125
27 Sep 2018 28 Sep 2018 11 Oct 2018 0.757877 0.304178 0.000000 28.1344
28 Jun 2018 29 Jun 2018 11 Jul 2018 0.307743 0.074263 0.000000 29.0692
28 Mar 2018 29 Mar 2018 12 Apr 2018 0.252683 0.093115 0.000000 27.5798
28 Dec 2017 29 Dec 2017 11 Jan 2018 0.369684 0.154488 0.000000 29.3658
28 Sep 2017 29 Sep 2017 11 Oct 2017 0.542040 0.222277 0.000000 28.7091
29 Jun 2017 30 Jun 2017 11 Jul 2017 0.204123 0.063385 0.000000 28.9982
30 Mar 2017 31 Mar 2017 11 Apr 2017 0.326405 0.099956 0.000000 29.8194
29 Dec 2016 30 Dec 2016 11 Jan 2017 0.363812 0.150967 0.000000 29.2402
29 Sep 2016 30 Sep 2016 11 Oct 2016 0.478930 0.200536 0.000000 27.3377
29 Jun 2016 30 Jun 2016 11 Jul 2016 0.218804 0.085471 0.000000 25.7383
30 Mar 2016 31 Mar 2016 11 Apr 2016 0.216549 0.078682 0.000000 25.0145
29 Dec 2015 31 Dec 2015 11 Jan 2016 0.391542 0.155182 0.000000 26.7939
28 Sep 2015 30 Sep 2015 09 Oct 2015 0.542575 0.000000 0.000000 26.4192
26 Jun 2015 30 Jun 2015 09 Jul 2015 1.013171 0.107325 0.000000 29.2764
27 Mar 2015 31 Mar 2015 10 Apr 2015 0.222108 0.077844 0.000000 32.0842
29 Dec 2014 31 Dec 2014 09 Jan 2015 0.515387 0.269628 0.000000 29.6975
26 Sep 2014 30 Sep 2014 09 Oct 2014 0.409977 0.164270 0.000000 29.2671
26 Jun 2014 30 Jun 2014 09 Jul 2014 0.298143 0.121079 0.000000 29.4655
25 Mar 2014 31 Mar 2014 08 Apr 2014 0.146662 0.049947 0.000000 29.6252

The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.

Purchase Information

SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR fund, please consult your stock broker or financial adviser.

Non-diversification risk is the risk that the Fund may invest a larger percentage of its assets in securities of a few companies than that of a diversified fund. As a result, the Fund’s performance may be disproportionally impacted by the performance of relatively few securities. For the Fund, at the time of rebalance, individual stock weights are capped at 10% which forces a degree of diversification.

Concentration risk is the risk that assets of the Fund are highly concentrated in a sector or group of sectors. To the extent that it concentrates its assets in a single sector or group of sectors, the Fund will be subject to the risk that economic, political or specific conditions that have a negative impact on that sector or group of sectors will negatively impact the Fund to a greater extent than if the Fund’s assets were invested in a wider variety of sectors.

While the Index is constructed to have an expected dividend yield that is greater than the parent index, no assurances can be made that this will be achieved in all conditions, and in particularly over shorter periods.