SPDR® MSCI Australia Select High Dividend Yield Fund SYI

NAV

AUD $27.33

as of 24 Mar 2023

Base Currency

AUD

1 Day Nav Change

- AUD $0.04 (-0.14%)

as of 24 Mar 2023

Assets Under Management

AUD $362.78 M

as of 24 Mar 2023

Management Costs

0.35% p.a.

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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

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 26 Mar 2023

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	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 26 Mar 2023

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 24 Mar 2023

Weighted Average Market Cap	AUD $38,091.23 M
Est. 3-5 Year EPS Growth	-4.89%
Dividend Yield	7.88%
Price/Earnings	7.78
Price/Earnings Ratio FY1	9.26
Price/Cash Flow	5.98
Return on Equity	29.36%
Total Market Capitalisation	AUD $486,632.84 M
Number of Holdings	35

Index Characteristics as of 28 Feb 2023

Weighted Average Market Cap	AUD $39,235.71 M
Est. 3-5 Year EPS Growth	-2.95%
Dividend Yield	6.75%
Price/Earnings	8.24
Price/Earnings Ratio FY1	9.56
Price/Cash Flow	6.35
Return on Equity	29.32%
Total Market Capitalisation	AUD $506,116.22 M

Fund Net Asset Value as of 24 Mar 2023

NAV	AUD $27.33
Assets Under Management	AUD $362.78 M
Units on Issue	13,275,058

Most Recent NAV / NAV History

Fund Performance

Fund Inception Date: 28 Sep 2010

as of 28 Feb 2023

	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	28 Feb 2023	0.00%	0.72%	0.00%	16.05%	8.70%	7.65%	6.33%
Fund Growth Return	28 Feb 2023	-2.98%	0.58%	3.20%	-7.97%	0.47%	-0.99%	0.92%
Fund Total Return	28 Feb 2023	-2.98%	1.30%	3.20%	8.08%	9.16%	6.65%	7.25%
Benchmark	28 Feb 2023	-2.97%	1.56%	3.24%	8.44%	9.50%	7.02%	7.69%

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 28 Feb 2023

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

Fund Inception Date: 28 Sep 2010

Currency: AUD

The Growth of $10,000 chart reflects the performance of a hypothetical investment in the Fund since inception. The performance of the hypothetical investment is based on the actual past performance of the Fund over the time period shown. Past Performance is not a reliable indicator of future results. Performance returns have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. Return 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.

Top Holdings

as of 24 Mar 2023

as of 28 Feb 2023

Fund Top 10 Holdings as of 24 Mar 2023

Name	Weight
Rio Tinto Limited	9.78%
Wesfarmers Ltd	9.47%
Bhp Group Ltd	8.97%
Woodside Energy Gr	7.78%
Medibank Private L	5.07%
South32 Ltd	4.75%
Fortescue Metals G	4.64%
Jb Hi-Fi	4.41%
Metcash Limited	3.99%
Whitehaven Coal	3.59%

Download All Holdings: Daily

Index Top 10 Holdings as of 28 Feb 2023

Name	Weight
Rio Tinto Limited	9.53%
Bhp Group Ltd	8.94%
Wesfarmers Ltd	8.81%
Woodside Energy Gr	8.23%
Medibank Private L	5.13%
South32 Ltd	4.82%
Fortescue Metals G	4.66%
Jb Hi-Fi	4.25%
Metcash Limited	4.08%
Whitehaven Coal	3.83%

Sector Allocation

as of 24 Mar 2023

as of 28 Feb 2023

Fund Sector Breakdown as of 24 Mar 2023

Sector	Weights
Materials	39.03%
Consumer Discretionary	22.04%
Energy	17.37%
Consumer Staples	5.42%
Financials	5.07%
Communication Services	3.02%
Industrials	2.94%
Information Technology	2.89%
Health Care	2.22%

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 28 Feb 2023

Sector	Weights
Materials	39.27%
Consumer Discretionary	21.17%
Energy	17.99%
Consumer Staples	5.60%
Financials	5.13%
Industrials	3.02%
Communication Services	2.93%
Information Technology	2.82%
Health Care	2.07%

Distribution History as of 30 Dec 2022

Ex- Date	Record Date	Pay Date	Dollars Per Unit Distribution	Franking Credits	Foreign Tax Credits	DRP Price
29-Dec-22	30-Dec-22	12-Jan-23	0.192091	0.067392	0.000000	26.7457
29-Sep-22	30-Sep-22	14-Oct-22	0.596409	0.256233	0.000000	24.9692
29-Jun-22	30-Jun-22	12-Jul-22	2.898457	0.349743	0.000000	25.2238
30-Mar-22	31-Mar-22	12-Apr-22	0.680341	0.271177	0.000000	31.6962
30-Dec-21	31-Dec-21	13-Jan-22	0.113228	0.036873	0.000000	30.9184
29-Sep-21	30-Sep-21	12-Oct-21	0.674573	0.268232	0.000000	27.9781
29-Jun-21	30-Jun-21	12-Jul-21	0.250261	0.064353	0.000000	29.8169
30-Mar-21	31-Mar-21	14-Apr-21	0.501237	0.180683	0.000000	28.3541
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.

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.

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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, 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.