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Register your interest: State Street® Blackstone active fixed income ETFs Two global leaders. two actively managed ETFs.

State Street® Blackstone Senior Loan (AUD Hedged) Active ETF (SBSL)

State Street® Blackstone High Income (AUD Hedged) Active ETF (SBHI)

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Disclosure

For investment professional use only.

Investing involves risk including the risk of loss of principal.

This information is provided to the recipient on the basis that the recipient is a “wholesale client” within the meaning of section 761G of the Corporations Act 2001 (Cth). In no circumstances may this [information] be made available to a “retail client” within the meaning of 761G of the Corporations Act (Cth).

This information is issued by State Street Global Advisors, Australia Services Limited (AFSL 274900, ABN 16 108 671 441) ("SSGA, ASL"), the responsible entity of the Funds. Registered office: Level 14, 420 George Street, Sydney, NSW 2000, Australia · Telephone: 612 9240-7600 · Web: www.statestreet.com/im.

State Street Investment Management is the business name for State Street Global Advisors, Australia, Limited (AFSL 238276, ABN 42 003 914 225) (“State Street IM”), the parent entity of SSGA, ASL.

References to the State Street® Blackstone Senior Loan (AUD Hedged) Active ETF (SBSL) and the State Street® Blackstone High Income (AUD Hedged) Active ETF (SBHI) ("the Funds") in this communication are references to proposed managed investment schemes which have been registered with ASIC and for which a Product Disclosure Statement (PDS) has been lodged on 27 July 2026. The PDS is subject to a 7-day exposure period with a possible extension by ASIC for a further 7 days. A copy of this new PDS and Target Market Determinations (TMD) are available at statestreet.com/im.

No applications for units under this PDS will be accepted until the exposure period has expired and the ASX has approved the Fund for admission to quotation and trading status as an Active ETF.

This general information has been prepared without considering your individual objectives, financial situation or needs. You should seek professional advice and consider the PDS before deciding whether to acquire or continue to hold units in the Fund.

Blackstone Liquid Credit Strategies LLC is the Sub-Adviser of the Underlying Funds. State Street Global Advisors, Australia Services Limited is not affiliated with Blackstone Liquid Credit Strategies LLC.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Actively managed ETFs do not seek to replicate the performance of a specified index. These investments may have difficulty in liquidating an investment position without taking a significant discount from current market value, which can be a significant problem with certain lightly traded securities. The Fund is actively managed and may underperform its benchmarks. An investment in the fund is not appropriate for all investors and is not intended to be a complete investment program. Investing in the fund involves risks, including the risk that investors may receive little or no return on the investment or that investors may lose part or even all of the investment.

Investments in Senior Loans are subject to credit risk and general investment risk. Credit risk refers to the possibility that the borrower of a Senior Loan will be unable and/or unwilling to make timely interest payments and/or repay the principal on its obligation. Default in the payment of interest or principal on a Senior Loan will result in a reduction in the value of the Senior Loan and consequently a reduction in the value of the Portfolio’s investments and a potential decrease in the net asset value (“NAV”) of the Portfolio.

Investing in High Yield Fixed Income Securities, otherwise known as “junk bonds”, is considered speculative and involves greater risk of loss of principal and interest than investing in investment grade fixed income securities. These Lower-quality debt securities involve greater risk of default or price changes due to potential changes in the credit quality of the issuer.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

The value of the debt securities may increase or decrease as a result of the following: market fluctuations, increases in interest rates, inability of issuers to repay principal and interest or illiquidity in the debt securities markets; the risk of low rates of return due to reinvestment of securities during periods of falling interest rates or repayment by issuers with higher coupon or interest rates; and/or the risk of low income due to falling interest rates. To the extent that interest rates rise, certain underlying obligations may be paid off substantially slower than originally anticipated and the value of those securities may fall sharply. This may result in a reduction in income from debt securities income.

There is no representation or warranty as to the currency or accuracy of, nor liability for, decisions based on such information.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street IM’s express written consent.

© 2026 State Street Corporation. All Rights Reserved.
8788335.1.2.ANZ.INST
Expiry Date: 31/07/2027