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    State Street EUR Liquidity Standard VNAV Fund - Institutional IE00BHWQMZ31

    NAV
    €981.1182
    as of 08 Dec 2022
    Net Assets
    €299,814,995
    as of 08 Dec 2022
    WAM
    53
    WAL
    69
    as of 08 Dec 2022
    Daily Factor
    -
    Yield
    -
    -
    -
    Net Performance
    0.04%
    -0.56%
    as of 31 Oct 2022

    Quick Links

    Fund Objective

    The objective of the Fund is to provide a return in excess of Euro money market rates, preserve capital and maintain a reasonable level of liquidity.

    Fund Information as of 10 Dec 2022

    ISIN IE00BHWQMZ31
    Ticker Symbol -
    Currency EUR
    Benchmark Bloomberg Xestron Index
    Investment Manager State Street Global Advisors Europe Limited
    Structure OEIC - UCITS
    Domicile Ireland
    Regulator CBI
    Share Class Inception Date 25 Feb 2015
    Fund Inception Date 25 Jul 2014
    S&P Fund Rating* AA-f
    Dealing Frequency Daily
    Total Expense Ratio 0.15%
    Min. initial investment €500,000
    Trading Deadline DD 02:00PM Irish time
    Settlement T+1

    *All portfolio information provided is as of the date referenced, unless otherwise noted, and is subject to change. Ratings by S&P and Fitch apply to the credit quality of a portfolio and are not a recommendation to buy, sell or hold securities of a fund, are subject to change, and do not remove market risks associated with investments in the fund. For complete information on the methodology and definitions used by each rating agency, please visit the following websites. S&P- http://www.standardandpoors.com/ratings/funds-mmf/en/us, Fitch- www.fitchratings.com

    Historical NAV

    Download: Schedule of Daily Information

    The Historical Net Asset Value ("NAV") chart displays the Floating NAV of the fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by any Government agency. None of the State Street Corporation, State Street Bank and Trust Company, State Street Global Advisors or their affiliates ("State Street Entities") guarantee the value of your investment.

    Current Net Fund Performance

    • Share Class Inception Date: 25 Feb 2015
    • Index Inception Date: 25 Jul 2014

    as of 31 Oct 2022

    As Of Net Assets(€MM) 1 Month 3 Month YTD 1 Year 2021 3 Year 5 Year 10 Year Since Inception
    25 Feb 2015
    Fund 31 Oct 2022 €311.10 0.04% -0.02% -0.44% -0.56% -0.69% -0.59% -0.52% - -0.36%
    Index 31 Oct 2022 - 0.06% 0.07% -0.26% -0.35% -0.57% -0.48% -0.43% - -0.34%

    Source: State Street Global Services / SSGA Ltd, Bloomberg - 31 October 2022

    "3 Year" yield figures are shown for the three year period as of the previous year end.

    All returns are net of fee.

    Performance quoted represents past performance, which is no guarantee 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.

    On the 18th February 2019 the NAV value was converted to €1000.0000 per unit. This allows the full negative income movement to be captured in the price, providing additional transparency and accuracy, as well as resulting in a smoother movement in the unit price. The conversion factor used was 1:100.71812.

     

    The change in NAV value per unit does not change the value of the account as there is no difference in value under these two methods.

    Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

    Historical Fund Net Performance

    Date Net Assets(€MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    25 Feb 2015
    31 Oct 2022 €311.10 0.04% -0.02% -0.44% -0.56% -0.59% -0.52% - -0.36%
    30 Sep 2022 €331.81 -0.01% -0.12% -0.48% -0.66% -0.62% -0.53% - -0.37%
    31 Aug 2022 €310.83 -0.04% -0.16% -0.47% -0.70% -0.63% -0.53% - -0.37%
    31 Jul 2022 €330.35 -0.06% -0.17% -0.42% -0.71% -0.63% -0.53% - -0.37%
    30 Jun 2022 €324.37 -0.06% -0.17% -0.37% -0.71% -0.62% -0.52% - -0.37%
    31 May 2022 €333.16 -0.06% -0.18% -0.31% -0.71% -0.60% -0.51% - -0.36%
    30 Apr 2022 €416.37 -0.05% -0.18% -0.25% -0.71% -0.60% -0.51% - -0.36%
    31 Mar 2022 €487.46 -0.07% -0.19% -0.19% -0.71% -0.59% -0.50% - -0.35%
    28 Feb 2022 €473.43 -0.06% -0.19% -0.13% -0.71% -0.57% -0.49% - -0.35%
    31 Jan 2022 €486.76 -0.07% -0.19% -0.07% -0.71% -0.56% -0.47% - -0.34%

    No data available.

    Download: Net Performance Since 12-31-2018 Net Performance Prior 12-31-2018

    Source: State Street Global Services / SSGA Ltd - 31 October 2022

    All returns are net of fee.

    Performance quoted represents past performance, which is no guarantee 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.

    Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

    Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

    Unless otherwise noted all information contained herein is that of the SSgA EUR Ultra Short Bond Fund.

    Liquid Assets

    Download: Schedule of Daily Information

    Daily Liquid Assets are defined as cash, direct obligations of the Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, or proceeds of pending sales of portfolio securities due within one business day.

    Download: Schedule of Daily Information

    Weekly Liquid Assets are defined as cash, direct obligations of the Government, certain securities issued by entities acting as an instrumentality of (and controlled or supervised by) the Government. Securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days, or proceeds of pending sales of portfolio securities due within five business days.

    Net Inflows/Outflows

    Download: Schedule of Daily Information

    The Daily Net Inflows/Outflows chart is designed to show the variability of the Fund's daily cash flows. The net inflows or outflows of the Fund are calculated by taking the daily total new Fund share purchases (including exchanges made into the Fund) and subtracting the daily total Fund share redemptions (including exchanges made out of the Fund). The existence of any daily inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

    Download: Schedule of Daily Information

    The Monthly Net Inflows/Outflows chart is designed to show the variability of the Fund's monthly cash flows. The net inflows or outflows of the Fund are calculated by taking the monthly total new Fund share purchases (including exchanges made into the Fund) and subtracting the monthly total Fund share redemptions (including exchanges made out of the Fund). The existence of any monthly inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

    Maturity Distributions as of 31 Oct 2022

    Weight
    <30 Days
    71.95%
     
    31-90 Days
    14.61%
     
    91-180 Days
    6.39%
     
    181 Days - 1 Year
    3.79%
     
    1-2 Years
    3.25%
     
    2-3 Years
    0.00%
     
    3-4 Years
    0.00%
     
    4-5 Years
    0.00%
     
    5+ Years
    0.00%
     

    Source: SSGA Ltd - Legal Maturity, 31 October 2022

    Rounding differences may occur as asset values are calculated to greater than one decimal place.

    Fund Sector Allocation as of 31 Oct 2022

    Sector Weight
    Commercial Paper 43.18%
    Certificates of Deposit 14.43%
    Asset Backed Commercial Paper 10.13%
    Time Deposits 9.68%
    Government Agency 8.04%
    Money Market Fund 4.05%
    Government Guaranteed 4.02%
    Corporate and Bank Notes 3.25%
    Collateralised Commercial Paper 3.20%

    Source: SSGA Ltd, 31 October 2022

    Credit Quality Distribution as of 31 Oct 2022

    Sector Weight
    A-1 45.46%
    A-1+ 26.49%
    A-2 20.74%
    AAAm 4.05%
    A+ 3.25%
    AAA 0.00%
    AA+ 0.00%
    AA 0.00%
    AA- 0.00%
    A 0.00%
    A- 0.00%
    BBB+ 0.00%

    Source: SSGA Ltd, 31 October 2022

    Short-term ratings from S&P are used. If no short-term rating is available, the lower long-term rating is used. S&P deems the investments rated 'A-1' maturing in 7 days or less equivalent to 'A-1+'. This document reflects actual issue ratings.

    Minimum Investment

    Min. initial investment €500,000
    Subsequent €5,000

    Payment Details

    Currency EUR
    Beneficiary Bank Bank of America N.A., Frankfurt
    Beneficiary Account Name State Street Global Advisors Liquidity plc.
    Beneficiary BIC BOFADEFX
    Beneficiary Account Number 19923018
    IBAN DE14500109000019923018

    Dealing Procedures

    Deals may be placed by telephone, by fax or online through a portal. If dealing by fax, please ensure the appropriate dealing form is used for the share class.

    Dealing Team

    To place a trade call +353 1 853 8281 or send fax to +353 1 523 3704.

    Stock Transfers

    If you wish to carry out a stock transfer between any of your accounts, please contact us online or call +44 (0)20 3395 2333 for the procedure outlining the required original documentation.

    Queries

    For all queries relating to trade instructions, distributions, contract notes, statements and payments contact us online or call +44 (0)20 3395 2333.

    Payment Instructions

    Please ensure monies are transferred by CHAPS, SWIFT or Federal Wire transfer to the appropriate account on settlement date before the cut-off times specified. Redemption proceeds will be paid to the respective currency account as per instructions on the account opening form, unless advised otherwise in writing by an authorised signatory.

    Trading Deadline DD 02:00PM Irish time
    Subscription Settlement Cut-Off MT202 (pre-advised): EUR 3.30pm Irish Time
    MT103 (pre-advised): EUR 3.30pm Irish Time
    Redemption Receipt Settlement MT202 (pre-advised): EUR 3.30pm Irish Time
    MT103 (pre-advised): EUR 3.30pm Irish Time

    All returns are net of fee.

    Performance quoted represents past performance, which is no guarantee 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.

    Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

    Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

    Unless otherwise noted all information contained herein is that of the SSgA EUR Ultra Short Bond Fund.

    You should obtain and read a Key Investor Information Document and Prospectus relating to the SSGA Cash funds prior to investing. Further information, including the annual and semi-annual reports and the Key Investor Information Document and Prospectus describing the characteristics, charges, expenses and risks involved in your investments are available for residents of countries where SSGA cash funds are authorized for sale, at www.ssga.com/cash and from your local SSGA office or by calling +44 (0)20 3395 2333.

     

    Investing involves risk including the risk of loss of principal. It is possible to lose money by investing in the funds.

     

    Before investing, carefully consider a fund's investment objectives, risks, charges and expenses. Click the link to obtain a prospectus which contains this and other information, or by calling +44 (0)20 3395 2333, please read it carefully before investing.



    SSGA LPLC UCITS
     

    State Street Global Advisors Liquidity Public Limited Company ("the Company") is an umbrella type investment company with variable capital having segregated liability between its sub-funds. The Company is organised as an Undertaking for Collective Investment in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.

    This website is directed at Qualified Investors only, as defined by Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance. Certain funds may not be registered for public distribution with the Swiss Financial Market Supervisory Authority (FINMA), which acts as supervisory authority in investment fund matters, or may not have appointed a Swiss Representative and Paying Agent. For those funds which have appointed a Swiss Representative and Paying Agent, the prospectus, the articles of incorporation, the Key Investor Information Document (KIID) as well as the latest annual and semi-annual reports may be obtained free of charge from the Swiss Representative and Paying Agent, State Street Bank International GmbH, Munich, Zurich Branch, Beethovenstrasse 19, 8027 Zurich, or at www.ssga.com, as well as from the main distributor in Switzerland, State Street Global Advisors AG (“SSGA AG”), Beethovenstrasse 19, 8027 Zurich. For those funds which have not appointed a Swiss Representative and Paying Agent, please observe that the funds are open to Qualified Investors at the exclusion of Qualified Investors with an opting-out pursuant to Art. 5(1) of the Swiss Federal Law on Financial Services ("FinSA") and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). For further information and fund documents please contact SSGA AG.


    You should obtain and read the sales prospectus and relevant Key Investor Information Document (KIID) prior to investing, which may be obtained by clicking here. These include further details relating to the State Street Global Advisors Liquidity Public Limited Company funds, including information relating to costs, risks and where the funds are authorised for sale.

     

    View the FinSA disclosures


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