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    State Street Australian Listed Property Index Trust

    NAV

    AUD $0.6424

    as of 13 May 2021

    Management Costs

    0.16% p.a.

    Base Currency

    AUD

    Fund Size

    AUD $210.3 mn

    as of 30 Apr 2021

    Buy/Sell Spread

    0.08%/0.08%

    Quick Links

    Key Features

    Key Features

  • Diversification - low-cost exposure to Australia's largest listed property trusts that invest across different locations and sub-industries.
  • Capture Income - capture property income in the form of dividends, with the potential for franking credits.
  • Inflation Hedge - Real estate assets may help to offset inflation risk.
  • Rigorous Index Tracking - a rigorous investment approach seeks to closely mirror the performance returns of the benchmark.
  • Asset Stewardship Impact - active engagement with portfolio companies on issues that promote long-term value creation.

    • Investment Objective

    Investment Objective

    The State Street Australian Listed Property Index Trust ("the Fund") seeks an investment return that approximates as closely as practicable, before expenses, the performance of the S&P/ASX 200 A-REIT Index.

    About this Benchmark

    About this Benchmark

    The S&P/ASX 200 A-REIT Index ("the Index") represents the largest real estate investment trusts (REITs) in Australia by float adjusted market capitalisation. Underlying REIT sub-industries include Diversified, Industrial, Office, Retail and Specialised.

    Investment Strategy

    Investment Strategy

    In managing the Fund, our primary investment approach is full replication of the Index. The goal of the indexed strategy is to mirror the returns and characteristics of the underlying benchmark. As a result, we will attempt to hold each stock in the benchmark in approximately the same weight as it appears in the Index. Our strategy is to buy and hold securities, trading only when there is a change to the Index, investor cash flows, or to reinvest cash from dividend or distribution income, tax reclaims or corporate actions. This approach minimises tracking error and transaction costs due to its low turnover.

    The Fund is suitable for investors who seek:

  • moderate long term capital growth; and
  • a relatively high yield over the long-term.

    • Fund Information as of 15 May 2021

    Fund Information as of 15 May 2021
    Benchmark Inception Date Management Costs Buy/Sell Spread Minimum Initial Investment
    S&P/ASX 200 A-REIT Index 28 Feb 1998 0.16% p.a. 0.08%/0.08% AUD 25,000
    Benchmark S&P/ASX 200 A-REIT Index
    Inception Date 28 Feb 1998
    Management Costs 0.16% p.a.
    Buy/Sell Spread 0.08%/0.08%
    Minimum Initial Investment AUD 25,000
    Pricing Distribution Frequency APIR Code ARSN Code ISIN
    Daily Semi-Annually SST0007AU 089 590 134 AU60SST00076
    Pricing Daily
    Distribution Frequency Semi-Annually
    APIR Code SST0007AU
    ARSN Code 089 590 134
    ISIN AU60SST00076

    Fund Pricing as of 13 May 2021

    Fund Pricing as of 13 May 2021
    NAV Application Redemption
    AUD $0.6424 AUD $0.6429 AUD $0.6419
    NAV AUD $0.6424
    Application AUD $0.6429
    Redemption AUD $0.6419
    Most Recent NAV / NAV History

    Fund Performance

    Fund Performance

    • Fund Inception Date: 28 Feb 1998
    Performance
    Month End

    as of 30 Apr 2021

    As Of 1 Month 3 Months 1 Year 3 Years (p.a.) 5 Years (p.a.) Since Inception (p.a.)
    28 Feb 1998
    Fund (Gross) 30 Apr 2021 2.89% 6.74% 30.98% 7.10% 6.00% 6.86%
    Fund (Net) 30 Apr 2021 2.87% 6.70% 30.77% 6.93% 5.83% 6.69%
    Benchmark 30 Apr 2021 2.92% 6.77% 30.90% 7.07% 5.59% 6.66%
    Difference (Gross) 30 Apr 2021 -0.03% -0.04% 0.08% 0.03% 0.41% 0.20%
    Difference (Net) 30 Apr 2021 -0.04% -0.08% -0.13% -0.14% 0.24% 0.03%

    Past performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised. The performance figures contained herein reflect Total Returns and are provided on a net and gross of fees basis. Performance figures are calculated using end-of-month exit prices except for the 'Since Inception' return which is calculated using NAV prices for the pre 1 January 2010 period, and end-of-month exit prices thereafter, assume the reinvestment of distributions and make no allowance for tax. Net performance figures are after management and transaction costs. Gross performance figures are before management costs but after transaction costs. Index returns reflect capital gains and losses, income, and the reinvestment of dividends. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. The calculation method for the value added returns may show rounding differences.

    Source: State Street Global Advisors

    Top Holdingsas of 30 Apr 2021

    Top Holdingsas of 30 Apr 2021
    Name Fund Benchmark
    GOODMAN GROUP 26.16% 26.15%
    SCENTRE GROUP 11.62% 11.61%
    STOCKLAND 9.19% 9.19%
    DEXUS 9.09% 9.09%
    MIRVAC GROUP 8.71% 8.71%
    GPT GROUP 7.40% 7.40%
    CHARTER HALL GROUP 5.37% 5.36%
    VICINITY CENTRES 5.05% 5.04%
    SHOPPING CENTRES AUSTRALASIA 2.21% 2.21%
    CHARTER HALL LONG WALE REIT 2.04% 2.07%
    Download All Holdings: Monthly

    Sector Allocationas of 30 Apr 2021

    Sector Allocationas of 30 Apr 2021
    Name Fund Benchmark
    Diversified REITs 34.60% 34.63%
    Industrial REITs 27.48% 27.48%
    Retail REITs 24.64% 24.63%
    Office REITs 10.44% 10.44%
    Specialized REITs 1.55% 1.55%
    Residential REITs 1.28% 1.28%

    Sector reporting based on the Global Industry Classification Standard ("GICS") which was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by State Street.

    Holdings and sector allocations 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 State Street Global Advisors which may differ from the official books and records of the custodian. Excludes cash, cash equivalents and accruals.

    Source: State Street Global Advisors

    Fund Documents
    Forms
    Information & Schedules

    Fund Footnote

    Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions. Real Estate Investment Trusts (REITS) investing may be subject to risks including, but not limited to, declines in the value of real estate, risks related to general economic conditions, changes in the value of the underlying property owned by the trust and defaults by borrowers. Diversification does not ensure a profit or guarantee against loss. This information should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security.

    Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed by State Street Global Advisors. The S&P/ASX 200 A-REIT Index is a product of S&P Dow Jones Indices LLC, and has been licensed by State Street Global Advisors. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates, and none of S&P Dow Jones Indices LLC, Dow Jones, S&P, nor their respective affiliates make any representation regarding the advisability of investing in such product(s).

    This website is intended for persons resident in Australia. State Street Global Advisors, Australia Services Limited ABN 16 108 671 441, AFSL Number 274900 ("SSGA, ASL") is the product issuer. State Street Global Advisors, Australia, Limited (AFSL Number 238276, ABN 42 003 914 225) (“SSGA Australia”) is the Investment Manager. The material on this website is general information only and does not take into account your individual objectives, financial situation or needs. You should read and consider the Product Disclosure Statement (PDS) for the relevant product carefully before making an investment decision and consult your financial adviser. You can access our PDS online or by calling us. The offer made in our PDS is available to persons receiving the PDS within Australia and applications from outside Australia will not be accepted. Past performance is not a reliable indicator of future performance. Investing entails risks and there can be no assurance that State Street Global Advisors will achieve profits or avoid incurring losses.

    Investing involves risk including the risk of loss of principal. This material should not be considered a solicitation to apply for interests in the Funds and investors should obtain independent financial and other professional advice before making investment decisions. There is no representation or warranty as to the currency or accuracy of, nor liability for, decisions based on such information. Performance quoted represents past performance, which is not a reliable indicator of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

    Images of NYSE Group, Inc. are used with permission of NYSE Group, Inc. Neither NYSE Group, Inc. nor its affiliated companies sponsor, approve of or endorse the contents of this program. Neither NYSE Group, Inc. nor its affiliated companies recommend or make any representation as to possible benefits from any securities or investments.

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