SPDR® Bloomberg Barclays Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc) SPFD GY

Important Risk Disclosure

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.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, 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.

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.

The Fund/share class may use financial derivatives instruments for currency hedging and to manage the portfolio efficiently. The Fund may purchase securities that are not denominated in the share class currency. Hedging should mitigate the impact of exchange rate fluctuations however hedges are sometimes subject to imperfect matching which could generate losses.

Overview
Performance
Holdings
Documents

NAV

€28,19

as of 19 Jan 2022

Share Class Currency

EUR

1 Day Nav Change

+€0,07 (+0,26%)

as of 19 Jan 2022

Total Fund Assets

$3 111,91 M

TER

0,60%

Quick Links

Fund Objective

The objective of the Fund is to track the performance of investible local currency emerging markets bonds.

Index Description

The Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR represents a close estimation of the performance that can be achieved by hedging the base currency of its parent index, the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index, to EUR. The index is 100% hedged to the EUR by selling the base currency of the parent index forward at one-month forward rates.

Fund Information as of 20 Jan 2022

ISIN	iNAV Ticker *These ticker codes are representative of the primary listing exchange.	Inception Date	Countries of Registration	Currency Hedging	Share Class Currency	Income Treatment
IE00BK8JH525	INSPFD	15 Nov 2019	Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom	Monthly	EUR	Accumulation

ISIN	IE00BK8JH525
iNAV Ticker *These ticker codes are representative of the primary listing exchange.	INSPFD
Inception Date	15 Nov 2019
Countries of Registration	Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom
Currency Hedging	Monthly
Share Class Currency	EUR
Income Treatment	Accumulation

Settlement Cycle	Trading Cycle	TER	Benchmark	Minimum Investment	Trading Currency	UCITS Compliant
Redemption Settlement Cycle, DD+4; Subscription Settlement Cycle, DD+4	DD+1	0,60%	Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR	1 Share	EUR	Yes

Settlement Cycle	Redemption Settlement Cycle, DD+4; Subscription Settlement Cycle, DD+4
Trading Cycle	DD+1
TER	0,60%
Benchmark	Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR
Minimum Investment	1 Share
Trading Currency	EUR
UCITS Compliant	Yes

Domicile	Investment Manager	Sub-Investment Manager(s)	Fund Umbrella	Replication Method	Distribution Frequency	PEA Eligible
Ireland	State Street Global Advisors Europe Limited	State Street Global Advisors Limited State Street Global Advisors Singapore Limited	SSGA SPDR ETFs Europe I plc	Stratified Sampling	-	No

Domicile

Investment Manager

Sub-Investment Manager(s)

Fund Umbrella

Replication Method

Distribution Frequency

PEA Eligible

Ireland

State Street Global Advisors Europe Limited

State Street Global Advisors Limited

State Street Global Advisors Singapore Limited

SSGA SPDR ETFs Europe I plc

Stratified Sampling

Domicile	Ireland
Investment Manager	State Street Global Advisors Europe Limited
Sub-Investment Manager(s)	State Street Global Advisors Limited State Street Global Advisors Singapore Limited
Fund Umbrella	SSGA SPDR ETFs Europe I plc
Replication Method	Stratified Sampling
Distribution Frequency	-
PEA Eligible	No

ISA Eligible	SIPP Eligible	UK Reporting Status	Securities Lending
Yes	Yes	Yes	No

ISA Eligible	Yes
SIPP Eligible	Yes
UK Reporting Status	Yes
Securities Lending	No

Listing and Ticker Information as of 20 Jan 2022

Exchange	Trading Currency	Listing Date	Exchange Ticker	SEDOL Code	Bloomberg Code	Reuters Code
Deutsche Börse (Primary)	EUR	18 Nov 2019	SPFD	BK0WFL1	SPFD GY	SPFD.DE
Borsa Italiana	EUR	19 Nov 2019	EMDE	BK21L52	EMDE IM	EMDE.MI

INAV

Estimated NAV per Unit at 4PM, Hong Kong as of	Estimated NAV per Unit as of (Updated every 15 seconds)

As of (Updated every 15 seconds)
INAV TICKER	CURRENCY	INAV

Estimated NAV per Unit at 4PM, Hong Kong as of
Estimated NAV per Unit as of (Updated every 15 seconds)

As of (Updated every 15 seconds)
INAV TICKER
CURRENCY
INAV

The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.

Fund Characteristics as of 19 Jan 2022

Current Yield	Effective Convexity	Effective Duration	Number of Holdings	Yield to Maturity	Average Maturity in Years	Average Price
4,73%	0,82%	6,27	466	5,33%	8,86	$98,23

Current Yield	4,73%
Effective Convexity	0,82%
Effective Duration	6,27
Number of Holdings	466
Yield to Maturity	5,33%
Average Maturity in Years	8,86
Average Price	$98,23

Fund Market Price as of 19 Jan 2022

Bid Price	Offer Price	Closing Price	Bid/Offer Spread	Day High	Day Low	52 Week High
€28,06	€28,40	€28,23	€0,33	€28,26	€28,05	€31,17

Bid Price	€28,06
Offer Price	€28,40
Closing Price	€28,23
Bid/Offer Spread	€0,33
Day High	€28,26
Day Low	€28,05
52 Week High	€31,17

52 Week Low
€27,64

52 Week Low

€27,64

Fund Net Asset Value as of 19 Jan 2022

NAV	Share Class Assets	Shares in Issue	Total Fund Assets
€28,19	€270,40 M	9 590 463	$3 111,91 M

NAV	€28,19
Share Class Assets	€270,40 M
Shares in Issue	9 590 463
Total Fund Assets	$3 111,91 M

Most Recent NAV/NAV History

Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.

Yields as of 19 Jan 2022

Distribution Yield This measures the 12 month historical dividend pay-out per share divided by the NAV.
0,00%

Distribution Yield

0,00%

Fund Performance

Fund Inception Date: 15 Nov 2019
Index Inception Date: 30 Sep 2019

Cumulative Annualised Calendar

Month End

as of 31 Dec 2021

	As Of	1 Month	3 Month	YTD	1 Year	3 Year	5 Year	Since Inception 15 Nov 2019
Fund Net	31 Dec 2021	0,92%	-2,04%	-9,55%	-9,55%	-	-	-5,78%
Difference	31 Dec 2021	-0,05%	-0,15%	-0,65%	-0,65%	-	-	-1,34%
Fund Gross	31 Dec 2021	0,97%	-1,89%	-9,01%	-9,01%	-	-	-4,58%
Difference	31 Dec 2021	0,00%	0,00%	-0,11%	-0,11%	-	-	-0,13%
Index Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR	31 Dec 2021	0,97%	-1,89%	-8,90%	-8,90%	-	-	-4,45%

Month End

as of 31 Dec 2021

	As Of	1 Month	3 Month	YTD	1 Year	3 Year	5 Year	Since Inception 15 Nov 2019
Fund Net	31 Dec 2021	0,92%	-2,04%	-9,55%	-9,55%	-	-	-2,76%
Difference	31 Dec 2021	-0,05%	-0,15%	-0,65%	-0,65%	-	-	-0,65%
Fund Gross	31 Dec 2021	0,97%	-1,89%	-9,01%	-9,01%	-	-	-2,18%
Difference	31 Dec 2021	0,00%	0,00%	-0,11%	-0,11%	-	-	-0,06%
Index Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR	31 Dec 2021	0,97%	-1,89%	-8,90%	-8,90%	-	-	-2,11%

as of 31 Dec 2021

	2021 (YTD)	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Fund Net	-9,55%	1,86%	2,27%	-	-	-	-	-	-	-	-
Difference	-0,65%	-0,61%	-0,09%	-	-	-	-	-	-	-	-
Fund Gross	-9,01%	2,47%	2,34%	-	-	-	-	-	-	-	-
Difference	-0,11%	0,00%	-0,02%	-	-	-	-	-	-	-	-
Index Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR	-8,90%	2,47%	2,36%	-	-	-	-	-	-	-	-

Performance Gross and Net of All Fees.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.

Top Holdings

Fund Top Holdingsas of 19 Jan 2022

Fund Top Holdings as of 19 Jan 2022

Security Name	Weight
LETRA TESOURO NACIONAL 0 01/01/2024	1,22%
REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026	1,17%
LETRA TESOURO NACIONAL 0 07/01/2024	1,08%
NOTA DO TESOURO NACIONAL 10 01/01/2023	1,01%
LETRA TESOURO NACIONAL 0 07/01/2022	1,01%
NOTA DO TESOURO NACIONAL 10 01/01/2027	0,97%
REPUBLIC OF SOUTH AFRICA 8 01/31/2030	0,94%
NOTA DO TESOURO NACIONAL 10 01/01/2025	0,89%
LETRA TESOURO NACIONAL 0 07/01/2023	0,88%
MEX BONOS DESARR FIX RT 5.75 03/05/2026	0,86%

Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocationas of 19 Jan 2022

Fund Sector Allocation as of 19 Jan 2022

Sector	Weight
Treasury	97,59%
Agency	1,43%
Cash	0,89%
Non Corporates	0,09%

Geographical Weights

Fund Maturity Ladderas of 19 Jan 2022

Fund Maturity Ladder

as of 19 Jan 2022

Maturity	Weight
0 - 1 Year	4,46%
1 - 2 Years	10,03%
2 - 3 Years	10,86%
3 - 5 Years	18,96%
5 - 7 Years	11,30%
7 - 10 Years	16,71%
10 - 15 Years	9,72%
15 - 20 Years	6,14%
20 - 30 Years	10,17%
> 30 Years	1,64%

Fund Quality Breakdownas of 19 Jan 2022

Fund Quality Breakdown

as of 19 Jan 2022

Quality	Weight
Aaa	0,98%
Aa	13,19%
A	29,32%
Baa	40,20%
Below BAA	16,02%
Not Rated	0,29%

Fund Documents

Information & Schedules

Cost Disclosure

Tax Documents

VAG Report

Fund Footnote

Performance Gross and Net of All Fees.

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

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Disclaimer: The Goldener Bulle award given by Finanzen.net on 02 February 2018 which recognises from investors who demonstrate our highest rated ETF range of all ETF companies. The award/ranking given is chosen based on investor's feedback for the time period of 01.01.2017 - 31.12.2017.

Important Risk Information:

SPDR ETF is the exchange traded funds ("ETF") platform of State Street Global Advisors and is comprised of funds that have been authorised by European regulatory authorities as open-ended UCITS investment companies. SPDR ETFs may not be available or suitable for you.

Changes in exchange rates may have an adverse effect on the value, price or income of an investment. Further, there is no guarantee an ETF will achieve its investment objective.

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Information related to Mexico

This information does not constitute and is not intended to constitute marketing or an offer of securities and accordingly should not be construed as such. The Funds referenced herein have not been, and will not be, registered under the Mexican Securities Market Law (Ley del Mercado de Valores) and may not be publicly offered or sold in the United Mexican States. Disclosure documentation related to any of the aforementioned Funds may not be distributed publicly in Mexico and shares of the Funds may not be traded in Mexico.

You should obtain and read a prospectus and KIID relating to the SPDR ETFs prior to investing. Further information and the prospectus/KIID describing the characteristics, costs and risks of SPDR ETFs are available for residents of countries where SPDR ETFs are authorised for sale on the SPDRs website and from your local SSGA office.