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 $28.60

as of 18 Jan 2021

Base Currency

AUD

1 Day Nav Change

AUD -$0.23 (-0.80%)

as of 18 Jan 2021

Assets Under Management

AUD $205.87 M

as of 18 Jan 2021

Management Costs

0.35% p.a.


Key Features

Key Features

  • Capture Income – earn potential quarterly income from companies with relatively high dividend yields, with potential franking credits.
  • Robust Stock Selection – screens for persistent and 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.
  • Downside Cushion – consistent dividends can help to cushion decreases in capital due to market fluctuations.

Fund Objective

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

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 18 Jan 2021

Fund Information as of 18 Jan 2021
Ticker Symbol Benchmark ASX iNav Code Inception Date Management Costs Base Currency Countries of Registration
SYI MSCI Australia Select High Dividend Yield Index YSYI 28 Sep 2010 0.35% p.a. AUD Australia
Ticker Symbol SYI
Benchmark MSCI Australia Select High Dividend Yield Index
ASX iNav Code YSYI
Inception Date 28 Sep 2010
Management Costs 0.35% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Regulatory Structure Replication Method Investment Manager Responsible Entity Distribution Frequency
Australia Registered Managed Investment Scheme Replicated State Street Global Advisors, Australia, Limited ABN 42 003 914 225 State Street Global Advisors, Australia Services Limited ABN 16 108 671 441 Quarterly
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 18 Jan 2021

Listing Information as of 18 Jan 2021
Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 29 Sep 2010 AUD SYI SYI AU AU000000SYI8
Primary Exchange Australian Securities Exchange
ASX Quotation Date 29 Sep 2010
Trading Currency AUD
ASX Stock Code SYI
Bloomberg Ticker SYI AU
ISIN AU000000SYI8

Fund Characteristics as of 15 Jan 2021

Fund Characteristics as of 15 Jan 2021
Weighted Average Market Cap 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.

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.

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.

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.

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.

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.

AUD $33,822.06 M 0.75% 4.72% 18.41 15.78 9.40 20.29%
Weighted Average Market Cap AUD $33,822.06 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.

0.75%
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.

4.72%
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.

18.41
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.

15.78
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.

9.40
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.

20.29%
Total Market Capitalisation Number of Holdings
AUD $438,419.84 M 40
Total Market Capitalisation AUD $438,419.84 M
Number of Holdings 40

Index Characteristics as of 31 Dec 2020

Index Characteristics as of 31 Dec 2020
Weighted Average Market Cap 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.

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.

AUD $31,013.76 M 1.48% 4.64%
Weighted Average Market Cap AUD $31,013.76 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.

1.48%
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.

4.64%
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.

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.

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.

18.09 15.79 9.23
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.

18.09
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.

15.79
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.

9.23
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.

Total Market Capitalisation
20.25% AUD $421,147.80 M
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.

20.25%
Total Market Capitalisation AUD $421,147.80 M

Fund Net Asset Value as of 18 Jan 2021

Fund Net Asset Value as of 18 Jan 2021
NAV

NAV

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

Assets Under Management Units on Issue
AUD $28.60 AUD $205.87 M 7,199,520
NAV

NAV

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

AUD $28.60
Assets Under Management AUD $205.87 M
Units on Issue 7,199,520
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: 28 Sep 2010
  • Index Inception Date: 27 May 2010

as of 31 Dec 2020

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 Dec 2020 0.89% 1.04% 3.43% 3.43% 5.33% 5.25% 5.49%
Fund Growth Return 31 Dec 2020 2.17% 18.96% -2.76% -2.76% -1.21% 0.98% 1.22%
Fund Total Return 31 Dec 2020 3.06% 20.00% 0.67% 0.67% 4.12% 6.24% 6.71%
Index Total Return 31 Dec 2020 3.17% 20.24% 1.02% 1.02% 4.51% 6.65% 7.17%

Past Performance is not a reliable indicator of future results. 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 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.


Index History as of 31 Dec 2020

Index History as of 31 Dec 2020

Growth of $10,000: MSCI Australia Select High Dividend Yield Index

Index Inception Date: 27 May 2010

Past Performance is not a reliable indicator of future results. 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 and other income.


Top Holdings

Subject to change.

Top Holdings

Subject to change.

Fund Top 10 Holdingsas of 15 Jan 2021
Index Top 10 Holdingsas of 31 Dec 2020

Fund Top 10 Holdings as of 15 Jan 2021

Name Weight
Bhp Group Ltd 10.66%
Rio Tinto Limited 10.30%
Wesfarmers Ltd 8.65%
Macquarie Gp Ltd 8.27%
Fortescue Metals G 6.25%
Origin Energy 4.47%
Medibank Private L 3.95%
Apa Group 3.78%
Agl Energy 3.70%
Aurizon Holdings 3.65%
Download All Holdings: Daily

Index Top 10 Holdings as of 31 Dec 2020

Name Weight
Rio Tinto Limited 9.96%
Bhp Group Ltd 9.89%
Wesfarmers Ltd 8.89%
Macquarie Gp Ltd 8.54%
Fortescue Metals G 5.95%
Origin Energy 4.25%
Medibank Private L 4.20%
Apa Group 3.91%
Aurizon Holdings 3.78%
Agl Energy 3.77%

Sector Allocation

Sector Allocation
Fund Sector Breakdownas of 15 Jan 2021
Index Sector Breakdownas of 31 Dec 2020

Fund Sector Breakdown as of 15 Jan 2021

Sector Weights
Materials 37.23%
Financials 17.39%
Consumer Discretionary 13.40%
Utilities 9.16%
Energy 6.95%
Consumer Staples 5.83%
Information Technology 5.06%
Industrials 4.97%

Index Sector Breakdown as of 31 Dec 2020

Sector Weights
Materials 35.85%
Financials 18.37%
Consumer Discretionary 13.48%
Utilities 9.35%
Energy 6.52%
Consumer Staples 5.93%
Information Technology 5.31%
Industrials 5.19%

Distribution History as of 31 Dec 2020

Distribution History as of 31 Dec 2020

Ex- Date Record Date Pay Date Dollars Per Unit Distribution Franking Credits Foreign Tax Credits DRP Price
30-Dec-20 31-Dec-20 13-Jan-21 0.250379 0.093987 0.000000 28.7602
29-Sep-20 30-Sep-20 12-Oct-20 0.270978 0.110200 0.000000 24.0653
29-Jun-20 30-Jun-20 10-Jul-20 0.067277 0.060176 0.000000 24.8384
30-Mar-20 31-Mar-20 14-Apr-20 0.269018 0.110256 0.000000 22.0192
30-Dec-19 31-Dec-19 13-Jan-20 0.396138 0.147310 0.000000 29.1222
27-Sep-19 30-Sep-19 11-Oct-19 0.497507 0.194075 0.000000 30.2779
27-Jun-19 28-Jun-19 11-Jul-19 0.678784 0.177759 0.000000 29.9382
28-Mar-19 29-Mar-19 12-Apr-19 0.317257 0.115652 0.000086 28.261
28-Dec-18 31-Dec-18 11-Jan-19 0.339830 0.144443 0.000000 25.2125
27-Sep-18 28-Sep-18 11-Oct-18 0.757877 0.304178 0.000000 28.1344
28-Jun-18 29-Jun-18 11-Jul-18 0.307743 0.074263 0.000000 29.0692
28-Mar-18 29-Mar-18 12-Apr-18 0.252683 0.093115 0.000000 27.5798
28-Dec-17 29-Dec-17 11-Jan-18 0.369684 0.154488 0.000000 29.3658
28-Sep-17 29-Sep-17 11-Oct-17 0.542040 0.222277 0.000000 28.7091
29-Jun-17 30-Jun-17 11-Jul-17 0.204123 0.063385 0.000000 28.9982
30-Mar-17 31-Mar-17 11-Apr-17 0.326405 0.099956 0.000000 29.8194
29-Dec-16 30-Dec-16 11-Jan-17 0.363812 0.150967 0.000000 29.2402
29-Sep-16 30-Sep-16 11-Oct-16 0.478930 0.200536 0.000000 27.3377
29-Jun-16 30-Jun-16 11-Jul-16 0.218804 0.085471 0.000000 25.7383
30-Mar-16 31-Mar-16 11-Apr-16 0.216549 0.078682 0.000000 25.0145
29-Dec-15 31-Dec-15 11-Jan-16 0.391542 0.155182 0.000000 26.7939
28-Sep-15 30-Sep-15 09-Oct-15 0.542575 0.000000 0.000000 26.4192
26-Jun-15 30-Jun-15 09-Jul-15 1.013171 0.107325 0.000000 29.2764
27-Mar-15 31-Mar-15 10-Apr-15 0.222108 0.077844 0.000000 32.0842
29-Dec-14 31-Dec-14 09-Jan-15 0.515387 0.269628 0.000000 29.6975
26-Sep-14 30-Sep-14 09-Oct-14 0.409977 0.164270 0.000000 29.2671
26-Jun-14 30-Jun-14 09-Jul-14 0.298143 0.121079 0.000000 29.4655
25-Mar-14 31-Mar-14 08-Apr-14 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.

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.

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

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.


Fund Footnotes

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, the non-diversification risk of the underlying index is mitigated by adopting the MSCI’s 10/40 Index Methodology as described in section 2.2 where maximum holding weights are applied to individual and group of individual securities. Please refer to http://www.msci.com/ for further details on how this methodology works.

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.