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Fee Reduction: On November 1, 2023, the management cost for the SPDR® MSCI World Quality Mix Fund has been reduced to 0.18% p.a. from 0.40% p.a., making it amongst the most cost-effective ETF offering in its respective peer group.

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SPDR® MSCI World Quality Mix Fund QMIX

NAV

NAV

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

AUD $29.52
as of 22 Feb 2024
Base Currency
AUD
1 Day Nav Change
+ AUD $0.40 (+1.37%)
as of 22 Feb 2024
Assets Under Management
AUD $56.84 M
as of 22 Feb 2024
Management Costs
0.18% p.a.

Key Features

  • Potential for Outperformance - Whether in the form of excess returns or improved downside protection.
  • Global Diversification - Exposure to factors that behave differently throughout the business cycle.
  • Get the Most Out of Fees - By targeting three factors in one portfolio.
  • No More Guesswork - Focus on time in the market rather than timing the market.
  • Australian Domiciled - Registered and regulated in Australia (US Tax Forms, such as W-8BEN Form, are not required from investors).

Fund Objective

The SPDR® MSCI World Quality Mix Fund seeks to closely track, before fees and expenses, the returns of the MSCI World Factor Mix A-Series Index.

About this Benchmark

The MSCI World Factor Mix A-Series (AUD) Index captures large and mid cap representation across 23 developed countries. It aims to represent the performance of quality, value and low volatility factor strategies. The index is an equal weighted combination of the MSCI Value Weighted, MSCI Minimum Volatility and MSCI Quality Index.

Fund Information as of 24 Feb 2024

Ticker Symbol QMIX
Benchmark MSCI World Factor Mix A-Series
Inception Date 11 Sep 2015
Management Costs 0.18% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Optimised
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 Semi-Annually

Listing Information as of 24 Feb 2024

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 14 Sep 2015 AUD QMIX QMIX AU AU00000QMIX4

Fund Characteristics as of 23 Feb 2024

Weighted Average Market Cap AUD $510,497.56 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.

10.60%
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.

2.29%
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.

18.92
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.

16.78
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.

10.94
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.

24.62%
Total Market Capitalisation AUD $83,605,810.00 M
Number of Holdings 922

Index Characteristics as of 31 Jan 2024

Weighted Average Market Cap AUD $464,653.03 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.

10.25%
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.

2.34%
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.

18.05
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.

16.47
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.

10.66
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.

24.12%
Total Market Capitalisation AUD $90,997,060.00 M

Fund Net Asset Value as of 22 Feb 2024

NAV

NAV

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

AUD $29.52
Assets Under Management AUD $56.84 M
Units on Issue 1,925,462

Fund Performance

  • Fund Inception Date: 11 Sep 2015

as of 31 Jan 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
11 Sep 2015
Fund Distribution Return 31 Jan 2024 0.00% 0.79% 0.00% 3.55% 3.81% 3.96% 3.36%
Fund Growth Return 31 Jan 2024 4.58% 8.86% 4.58% 18.80% 10.39% 8.88% 7.90%
Fund Total Return 31 Jan 2024 4.58% 9.65% 4.58% 22.35% 14.19% 12.83% 11.26%
Benchmark
MSCI World Factor Mix A-Series
31 Jan 2024 4.59% 9.61% 4.59% 22.26% 14.22% 12.86% 11.15%

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 (net of withholding tax) and other 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.

Fund History as of 31 Jan 2024

Growth of $10,000: SPDR® MSCI World Quality Mix Fund

Fund Inception Date: 11 Sep 2015

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

Subject to change.

as of 23 Feb 2024
as of 31 Jan 2024

Fund Top 10 Holdings as of 23 Feb 2024

Name Weight
Nvidia 2.48%
Microsoft Corp 2.34%
Apple Inc. 2.13%
Meta Platforms Inc 1.86%
Lilly (Eli) & Co 1.30%
Broadcom 1.26%
Unitedhealth Group 1.25%
Johnson & Johnson 1.21%
Visa 1.18%
Alphabet Class A 1.12%
Download All Holdings: Daily

Index Top 10 Holdings as of 31 Jan 2024

Name Weight
Microsoft Corp 2.35%
Apple Inc 2.23%
Nvidia Corporation 1.99%
Meta Platforms Inc 1.56%
Unitedhealth Group Inc 1.27%
Johnson & Johnson 1.27%
Broadcom Inc 1.19%
Visa Inc 1.15%
Eli Lilly & Co 1.14%
Alphabet Inc 1.08%

Sector Allocation

as of 23 Feb 2024
as of 31 Jan 2024

Fund Sector Breakdown as of 23 Feb 2024

Sector Weights
Information Technology 21.00%
Health Care 15.55%
Financials 14.84%
Industrials 9.91%
Consumer Staples 9.28%
Communication Services 8.92%
Consumer Discretionary 7.35%
Materials 5.30%
Energy 3.50%
Utilities 3.19%
Real Estate 1.15%

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 Jan 2024

Sector Weights
Information Technology 20.57%
Health Care 15.52%
Financials 14.82%
Industrials 9.86%
Consumer Staples 9.55%
Communication Services 8.85%
Consumer Discretionary 7.10%
Materials 5.67%
Energy 3.56%
Utilities 3.33%
Real Estate 1.18%

Fund Geographical Weights as of 23 Feb 2024

Name Weight
Name Weight
United States 65.83%
Japan 7.86%
United Kingdom 3.83%
Switzerland 3.43%
Australia 3.22%
Canada 2.99%
France 2.61%
Germany 2.05%
Netherlands 1.65%
Denmark 1.28%
Hong Kong 0.95%
Spain 0.93%
Italy 0.68%
Sweden 0.67%
Singapore 0.52%
Finland 0.46%
Belgium / Luxembourg 0.33%
Norway 0.25%
Israel 0.17%
New Zealand 0.10%
Portugal 0.07%
Austria 0.06%
Ireland 0.05%

Distribution History as of 29 Dec 2023

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.

28-Dec-23 29-Dec-23 11-Jan-24 0.198087 0.009130 0.030232 27.2804
29-Jun-23 30-Jun-23 12-Jul-23 0.586283 0.006748 0.051044 26.079
29-Dec-22 30-Dec-22 12-Jan-23 0.178282 0.010273 0.026538 23.7074
29-Jun-22 30-Jun-22 12-Jul-22 0.807349 0.015220 0.041660 22.9602
30-Dec-21 31-Dec-21 13-Jan-22 0.151739 0.009914 0.023232 26.6457
29-Jun-21 30-Jun-21 12-Jul-21 0.600409 0.004169 0.035865 24.2171
30-Dec-20 31-Dec-20 13-Jan-21 0.157513 0.003746 0.026244 21.2507
29-Jun-20 30-Jun-20 10-Jul-20 0.846265 0.003908 0.041734 20.1785
30-Dec-19 31-Dec-19 13-Jan-20 0.125856 0.004494 0.022691 22.5667
27-Jun-19 28-Jun-19 11-Jul-19 0.481432 0.006064 0.035357 20.8347
28-Dec-18 31-Dec-18 11-Jan-19 0.140563 0.004441 0.024323 18.0007
28-Jun-18 29-Jun-18 11-Jul-18 0.349937 0.003260 0.034461 18.5074
28-Dec-17 29-Dec-17 11-Jan-18 0.116498 0.004734 0.016082 17.8629
29-Jun-17 30-Jun-17 11-Jul-17 0.287532 0.002253 0.036902 16.4922
29-Dec-16 30-Dec-16 11-Jan-17 0.123102 0.004278 0.022464 16.2576
29-Jun-16 30-Jun-16 11-Jul-16 0.317055 0.002487 0.033708 15.2456

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.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

A Smart Beta strategy does not seek to replicate the performance of a specified cap-weighted index and as such may underperform such an index. The factors to which a Smart Beta strategy seeks to deliver exposure may themselves undergo cyclical performance. As such, a Smart Beta strategy may underperform the market or other Smart Beta strategies exposed to similar or other targeted factors.

A “low volatility” style of investing can exhibit relative low volatility and excess returns compared to the Index over the long term; both portfolio investments and returns may differ from those of the Index. The fund may not experience lower volatility or provide returns in excess of the Index and may provide lower returns in periods of a rapidly rising market.

A "quality" style of investing emphasizes companies with high returns, stable earnings, and low financial leverage. This style of investing is subject to the risk that the past performance of these companies does not continue or that the returns on "quality" equity securities are less than returns on other styles of investing or the overall stock market.

A “value” style of investing that emphasizes undervalued companies with characteristics for improved valuations, which may never improve and may actually have lower returns than other styles of investing or the overall stock market.

Companies with large market capitalisations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalisations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalisations.

Investments in mid-sized companies may involve greater risks than in those of larger, better known companies, but may be less volatile than investments in smaller companies.

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. Investments in emerging or developing markets may be more volatile and less liquid than investing in developed markets and may involve exposure to economic structures that are generally less diverse and mature and to political systems which have less stability than those of more developed countries.

Diversification does not ensure a profit or guarantee against loss.