SPDR® S&P®/ASX 200 Financials EX A-REIT Fund OZF

NAV
AUD $21.70
as of 06 Dec 2022
Base Currency
AUD
1 Day Nav Change
- AUD $0.12 (-0.55%)
as of 06 Dec 2022
Assets Under Management
AUD $140.88 M
as of 06 Dec 2022
Management Costs
0.34% p.a.

Key Features


  • Capture Income – potentially earn semi-annual dividends and franking credits from Australian financial companies.
  • Reduced Concentration Risk – unlike buying single stocks, investing in a sector may offer greater diversification and reduce concentration risk.
  • Capture Capital Growth – capture possible stock price growth opportunities offered by some of the biggest contributors to Australia’s economy.

Fund Objective


The SPDR S&P/ASX 200 Financials EX A-REIT Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX 200 Financials Ex A-REIT Index.


About this Benchmark


A sector sub-index of the S&P/ASX 200, this index contains companies involved in activities such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, and financial investment, excluding Australian real estate investments trusts (A-REITs), mortgage REITs, equity REITs, and real estate management & development companies.


Fund Information as of 06 Dec 2022

Ticker Symbol OZF
Benchmark S&P/ASX 200 Financials EX A-REIT Index
ASX iNav Code YOZF
Inception Date 13 Apr 2011
Management Costs 0.34% 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 Semi-Annually

Listing Information as of 06 Dec 2022

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 13 Apr 2011 AUD OZF OZF AU AU000000OZF0

Fund Characteristics as of 05 Dec 2022

Weighted Average Market Cap AUD $97,767.29 M
Est. 3-5 Year EPS Growth
1.88%
Dividend Yield
4.34%
Price/Earnings
15.00
Price/Earnings Ratio FY1
14.02
Price/Cash Flow
5.81
Return on Equity
11.06%
Total Market Capitalisation AUD $610,885.56 M
Number of Holdings 27

Index Characteristics as of 05 Dec 2022

Weighted Average Market Cap AUD $97,757.47 M
Est. 3-5 Year EPS Growth
1.88%
Dividend Yield
4.34%
Price/Earnings
15.00
Price/Earnings Ratio FY1
14.02
Price/Cash Flow
5.81
Return on Equity
11.06%
Total Market Capitalisation AUD $610,885.56 M

Fund Net Asset Value as of 06 Dec 2022

NAV
AUD $21.70
Assets Under Management AUD $140.88 M
Units on Issue 6,492,817

Fund Performance

  • Fund Inception Date: 13 Apr 2011

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
13 Apr 2011
Fund Distribution Return 31 Oct 2022 0.00% 0.00% 1.16% 3.70% 3.34% 3.98% 4.65%
Fund Growth Return 31 Oct 2022 12.14% 4.15% 1.22% -4.43% 1.40% 0.05% 3.07%
Fund Total Return 31 Oct 2022 12.14% 4.15% 2.38% -0.73% 4.74% 4.03% 7.72%
Index 31 Oct 2022 12.19% 4.24% 2.67% -0.36% 5.09% 4.38% 8.19%

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 Oct 2022

Growth of $10,000: SPDR® S&P®/ASX 200 Financials EX A-REIT Fund

Fund Inception Date: 13 Apr 2011

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 05 Dec 2022
as of 05 Dec 2022

Fund Top 10 Holdings as of 05 Dec 2022

Name Weight
Cmnwlth Bk Of Aust 29.60%
Natl Australia Bk 16.09%
Westpac Bkg Corp 13.47%
Aust & Nz Bank Grp 11.91%
Macquarie Gp Ltd 10.62%
Qbe Ins Group 3.10%
Suncorp Group Ltd 2.38%
Asx Ltd 2.20%
Insurance Aust Grp 1.88%
Medibank Private L 1.28%
Download All Holdings: Daily

Index Top 10 Holdings as of 05 Dec 2022

Name Weight
Cmnwlth Bk Of Aust 29.59%
Natl Australia Bk 16.09%
Westpac Bkg Corp 13.47%
Aust & Nz Bank Grp 11.91%
Macquarie Gp Ltd 10.63%
Qbe Ins Group 3.11%
Suncorp Group Ltd 2.38%
Asx Ltd 2.20%
Insurance Aust Grp 1.88%
Medibank Private L 1.29%

Sector Allocation

as of 05 Dec 2022
as of 05 Dec 2022

Fund Sector Breakdown as of 05 Dec 2022

Sector Weights
Diversified Banks 71.71%
Diversified Capital Markets 10.62%
Property & Casualty Insurance 7.36%
Financial Exchanges & Data 2.20%
Life & Health Insurance 1.82%
Regional Banks 1.60%
Asset Management & Custody Banks 1.52%
Other Diversified Financial Services 1.38%
Insurance Brokers 1.19%
Investment Banking & Brokerage 0.36%
Consumer Finance 0.22%

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 05 Dec 2022

Sector Weights
Diversified Banks 71.71%
Diversified Capital Markets 10.63%
Property & Casualty Insurance 7.36%
Financial Exchanges & Data 2.20%
Life & Health Insurance 1.81%
Regional Banks 1.58%
Asset Management & Custody Banks 1.52%
Other Diversified Financial Services 1.39%
Insurance Brokers 1.20%
Investment Banking & Brokerage 0.36%
Consumer Finance 0.22%

Distribution History as of 30 Jun 2022

Ex- Date Record Date Pay Date Dollars Per Unit Distribution Franking Credits Foreign Tax Credits DRP Price
29-Jun-22 30-Jun-22 12-Jul-22 0.216135 0.108125 0.000000 18.8363
30-Dec-21 31-Dec-21 13-Jan-22 0.580162 0.239683 0.000000 21.5657
29-Jun-21 30-Jun-21 12-Jul-21 0.226093 0.085057 0.000000 21.0189
30-Dec-20 31-Dec-20 13-Jan-21 0.227081 0.096890 0.000000 17.8491
29-Jun-20 30-Jun-20 10-Jul-20 0.078106 0.068000 0.000000 15.6554
30-Dec-19 31-Dec-19 13-Jan-20 0.603072 0.244726 0.000000 19.1713
27-Jun-19 28-Jun-19 11-Jul-19 0.276602 0.134587 0.000000 20.5472
28-Dec-18 31-Dec-18 11-Jan-19 0.686721 0.290175 0.000000 17.3683
28-Jun-18 29-Jun-18 11-Jul-18 0.207853 0.080784 0.000000 19.9439
28-Dec-17 29-Dec-17 11-Jan-18 0.743564 0.313850 0.000000 20.6332
29-Jun-17 30-Jun-17 11-Jul-17 0.261538 0.085174 0.000000 20.5982
29-Dec-16 30-Dec-16 11-Jan-17 0.762513 0.328690 0.000000 20.9635
29-Jun-16 30-Jun-16 11-Jul-16 0.427559 0.081882 0.000000 18.1057
29-Dec-15 31-Dec-15 11-Jan-16 0.562150 0.238789 0.000000 20.3341
26-Jun-15 30-Jun-15 09-Jul-15 0.777254 0.107173 0.000000 21.2537
29-Dec-14 31-Dec-14 09-Jan-15 0.775525 0.334952 0.000000 21.0862
26-Jun-14 30-Jun-14 09-Jul-14 0.343645 0.083202 0.000000 20.683

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.


Concentrated investments in a particular Financial Services Sector tend to be more volatile than the overall market and increases risk that events negatively affecting such sectors or industries could reduce returns, potentially causing the value of the Fund’s shares to decrease.

Financial Services Sector concentration are subject to government regulation, deterioration of credit markets, losses resulting from financial difficulties of borrowers and losses resulting from investment activities.