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        State Street GBP Liquidity LVNAV Fund - Institutional Accumulating IE00B1XG4764

        Overview Performance Liquidity Holdings Documents How to Buy More Insights
        Trans NAV

        Trans NAV

        This amount is the net asset value per share ("NAV") of the Fund caluclated using amortized cost. The Fund transacts (trades) using this price.
        £12.3026
        as of 15 Apr 2024
        Net Assets(£MM)
        £6,065.56
        as of 15 Apr 2024
        WAM

        WAM

        WAM (Weighted Average Maturity) is a measure of a fund's sensitivity to interest rate movements utilizing the interest-rate reset date and not a security's stated final maturity.
        36
        WAL

        WAL

        WAL (Weighted Average Life) is a measure of a fund's sensitivity to credit spreads or liquidity conditions utilizing a security's stated final maturity date or the date of the next demand feature. WAL does not reflect changes in the interest rate reset date.
        52
        as of 15 Apr 2024
        Daily Factor

        Daily Factor

        A decimal representing the portion of an annual yield earned in one day.
        -
        Yield
        -
        -
        -
        Net Performance
        0.44%
        5.07%
        as of 31 Mar 2024

        Quick Links

        Fund Objective

        The objective of the Fund is to maintain a high level of liquidity, preserve capital and provide a return in line with Sterling money market rates.

        Fund Information as of 16 Apr 2024

        ISIN IE00B1XG4764
        Ticker Symbol SCMPSGA ID
        Currency GBP
        Benchmark SONIA COMPOUNDED INDEX
        Investment Manager State Street Global Advisors Europe Limited
        Structure OEIC - UCITS
        SFDR Fund Classification SFDR - Article 8
        Domicile Ireland
        Regulator CBI
        Share Class Inception Date 17 Jul 2007
        Fund Inception Date 27 Jul 2001
        S&P Fund Rating* AAAm
        Fitch Fund Rating* AAAmmf
        Dealing Frequency Daily
        Total Expense Ratio 0.15%
        Min. initial investment £500,000
        Trading Deadline DD 01:30PM Irish time
        Settlement Accumulating NAV T+0
        IMMFA Member Yes

        *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

        Yield quotations more closely reflect the current earnings of money market funds than the total return quotations. Past performance is not a reliable indicator of future performance.

        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.

        Fund Level Market Value Test

        Download: Schedule of Daily Information

        The Fund Level Market Value Test is designed to show the extent of deviation, if any, of the low volatility net asset value ("LVNAV") of the Fund using the amortized cost method of valuation for securities with fewer than 75 days to maturity. During the calculation the Fund's NAV, portfolio securities with fewer than 75 days to maturity are valued at the fund's acquisition cost, and adjusted for amortization of premium or accretion of discount, intended to create a "stable NAV". This is compared to portfolio securities being valued based on available market quotations or current market factors, creating a likely "floating NAV". This calculation is required to be performed at least daily and is subject to the review of the Fund's Board of Trustees. If the Stable NAV of an LVNAV MMF Fund deviates from the NAV of the LVNAV MMF Fund by more than 20 basis points any redemption and subscription following such deviation shall be undertaken at the price equal to the NAV of the relevant Fund.

        Although a money market fund seeks to preserve the value of your investment at 1.00 Stable NAV unit per share, it is possible to lose money by investing in a money market fund. Investors should have no expectation of capital support to the Fund from State Street Entities.

        Current Net Fund Performance

        • Share Class Inception Date: 17 Jul 2007
        • Index Inception Date: 30 Mar 1997

        as of 31 Mar 2024

        As Of Net Assets(£MM) 1 Month 3 Month YTD 1 Year 2023 3 Year 5 Year 10 Year Since Inception
        17 Jul 2007
        Fund 31 Mar 2024 £5,509.91 0.44% 1.31% 1.31% 5.07% 4.65% 2.40% 1.58% 0.98% 1.24%
        Index 31 Mar 2024 - 0.40% 1.29% 1.29% 5.05% 4.69% 2.43% 1.55% 0.94% 1.16%

        Source: State Street Global Services / SSGA Ltd, Bloomberg - 31 March 2024

        All returns are net of fee.

        Past performance is not a reliable indicator of future performance. 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.

        Historical Fund Net Performance

        Date Net Assets(£MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
        17 Jul 2007
        31 Mar 2024 £5,509.91 0.44% 1.31% 1.31% 5.07% 2.40% 1.58% 0.98% 1.24%
        29 Feb 2024 £5,134.05 0.42% 1.32% 0.86% 4.96% 2.25% 1.50% 0.94% 1.22%
        31 Jan 2024 £5,208.50 0.45% 1.33% 0.45% 4.82% 2.12% 1.43% 0.90% 1.20%

        No data available.

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

        Source: State Street Global Services / SSGA Ltd - 31 March 2024

        All returns are net of fee.

        Past performance is not a reliable indicator of future performance. 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 GBP Liquidity 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 Mar 2024

        Weight
        Overnight
        26.69%
         
        8 - 30 Days
        10.61%
         
        31 - 90 Days
        34.66%
         
        91-180 Days
        22.85%
         
        180-397 Days
        0.63%
         

        Source: SSGA Ltd - Legal Maturity, 31 March 2024

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

        Fund Sector Allocation as of 31 Mar 2024

        Sector Weight
        Certificates of Deposit 35.39%
        Commercial Paper 20.27%
        Repurchase Agreement 14.53%
        Government Agency 6.89%
        Time Deposits 6.14%
        Corporate and Bank Notes 3.45%
        Government Guaranteed 3.34%
        Asset Backed Commercial Paper 2.80%
        Cash 2.68%
        Government Bill 2.27%
        Collateralised Commercial Paper 2.26%

        Source: SSGA Ltd, 31 March 2024

        Credit Quality Distribution as of 31 Mar 2024

        Sector Weight
        A-1 65.14%
        A-1+ 34.86%

        Source: SSGA Ltd, 31 March 2024

        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 GBP
        Beneficiary Bank Bank of America N.A., London
        Beneficiary Account Name State Street Global Advisors Liquidity plc.
        Beneficiary BIC BOFAGB22
        Beneficiary Account Number 56039011
        CHAPS Sort Code 165050
        IBAN GB16BOFA16505056039011

        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 01:30PM Irish time
        Subscription Settlement Cut-Off MT202 (pre-advised): GBP 5.00pm Irish Time
        MT103 (pre-advised): GBP 5.00pm Irish Time
        Redemption Receipt Settlement MT202 (pre-advised): GBP 5.00pm Irish Time
        MT103 (pre-advised): GBP 5.00pm Irish Time

        All returns are net of fee.

        Past performance is not a reliable indicator of future performance. 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 GBP Liquidity Fund.

        MARKETING COMMUNICATION  

         

        FOR PROFESSIONAL INVESTORS USE ONLY.

         

        Investing involves risk including the risk of loss of principal.

         

        The information provided does not constitute investment advice as such term is defined under the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell any investment. It does not take into account any investor's or potential investor’s particular investment objectives, strategies, tax status, risk appetite or investment horizon. If you require investment advice you should consult your tax and financial or other professional advisor.

         

        The information contained in this communication is not a research recommendation or ‘investment research’ and is classified as a ‘Marketing Communication’ in accordance with the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation. This means that this marketing communication (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research (b) is not subject to any prohibition on dealing ahead of the dissemination of investment research.

         

        All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed.  There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

         

        This content has been issued by  State Street Global Advisors Europe Limited, Branch in Germany, Brienner Strasse 59, D-80333 Munich, Germany ("State Street Global Advisors Germany"). T +49 (0)89 55878 400. State Street Global Advisors Germany is a branch of State Street Global Advisors Europe Limited, registered in Ireland with company number 49934, authorised and regulated by the Central Bank of Ireland, and whose registered office is at 78 Sir John Rogerson’s Quay, Dublin 2.

         

        Please refer to the Fund’s latest Key Information Document (KID) and Prospectus before making any final investment decision. The latest English version of the prospectus and the KID can be found at https://www.ssga.com/uk/en_gb/institutional/cash/fund-finder. A summary of investor rights can be found here:

         

        https://www.ssga.com/library-content/products/fund-docs/summary-of-investor-rights/ssga-investors-rights-summary-template-non-etf-Lux.pdf

         

        Note that the Management Company may decide to terminate the arrangements made for marketing and proceed with de-notification in compliance with Article 93a of Directive 2009/65/EC.

         

        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 SSGA’s express written consent.

         

        5077518.2.1.EMEA.INST

         

        Exp. 31.01.2025

        © [[]] %%State Street Corporation%%. All rights reserved.