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    Special Notice for Funds With Russian Exposure: If market quotations, official closing prices, and/or information furnished by approved pricing sources are not readily available or are deemed unreliable for a portfolio instrument, then that instrument will be valued at fair value as determined in good faith in accordance with SSGA’s fair value pricing procedures.  Certain fund holdings have been fair valued at zero but may not yet be reflected as such in the fund holdings file. 

    SPDR® Bloomberg 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.

    NAV

    €24,97

    as of 10 Aug 2022

    Share Class Currency

    EUR

    1 Day Nav Change

    +€0,25 (+0,99%)

    as of 10 Aug 2022

    Total Fund Assets

    $2 712,25 M

    as of 10 Aug 2022

    TER

    0,60%

    Quick Links

    Fund Objective

    Fund Objective

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

    Index Description

    Index Description

    The Bloomberg 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 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 10 Aug 2022

    Fund Information as of 10 Aug 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 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 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 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 10 Aug 2022

    Listing and Ticker Information as of 10 Aug 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

    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 09 Aug 2022

    Fund Characteristics as of 09 Aug 2022
    Current Yield Effective Convexity Effective Duration Number of Holdings Yield to Maturity Average Maturity in Years Average Price
    4,87% 0,77% 6,14 445 6,24% 8,85 $93,62
    Current Yield 4,87%
    Effective Convexity 0,77%
    Effective Duration 6,14
    Number of Holdings 445
    Yield to Maturity 6,24%
    Average Maturity in Years 8,85
    Average Price $93,62

    Fund Market Price as of 10 Aug 2022

    Fund Market Price as of 10 Aug 2022
    Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
    €24,97 €25,15 €25,06 €0,18 - - €29,98
    Bid Price €24,97
    Offer Price €25,15
    Closing Price €25,06
    Bid/Offer Spread €0,18
    Day High -
    Day Low -
    52 Week High €29,98
    52 Week Low
    €23,47
    52 Week Low €23,47

    Fund Net Asset Value as of 10 Aug 2022

    Fund Net Asset Value as of 10 Aug 2022
    NAV Share Class Assets Shares in Issue Total Fund Assets
    €24,97 €139,94 M 5 603 601 $2 712,25 M
    NAV €24,97
    Share Class Assets €139,94 M
    Shares in Issue 5 603 601
    Total Fund Assets $2 712,25 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.

    Fund Performance

    Fund Performance

    • Fund Inception Date: 15 Nov 2019
    • Index Inception Date: 30 Sep 2019
    Cumulative Annualised Calendar
    Month End

    as of 30 Jun 2022

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
    15 Nov 2019
    Fund Net 30 Jun 2022 -5,15% -9,96% -14,31% -18,91% - - -19,26%
    Difference 30 Jun 2022 -0,08% -0,15% -0,09% -0,35% - - -1,23%
    Fund Gross 30 Jun 2022 -5,10% -9,83% -14,05% -18,43% - - -17,99%
    Difference 30 Jun 2022 -0,03% -0,01% 0,16% 0,14% - - 0,04%
    Index
    Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR
    		 30 Jun 2022 -5,07% -9,81% -14,21% -18,56% - - -18,03%
    Month End

    as of 30 Jun 2022

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
    15 Nov 2019
    Fund Net 30 Jun 2022 -5,15% -9,96% -14,31% -18,91% - - -7,83%
    Difference 30 Jun 2022 -0,08% -0,15% -0,09% -0,35% - - -0,53%
    Fund Gross 30 Jun 2022 -5,10% -9,83% -14,05% -18,43% - - -7,28%
    Difference 30 Jun 2022 -0,03% -0,01% 0,16% 0,14% - - 0,02%
    Index
    Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR
    		 30 Jun 2022 -5,07% -9,81% -14,21% -18,56% - - -7,30%

    as of 30 Jun 2022

    2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    Fund Net -14,31% -9,55% 1,86% 2,27% - - - - - - -
    Difference -0,09% -0,65% -0,61% -0,09% - - - - - - -
    Fund Gross -14,05% -9,01% 2,47% 2,34% - - - - - - -
    Difference 0,16% -0,11% 0,00% -0,02% - - - - - - -
    Index
    Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR
    		 -14,21% -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.

    Previous to 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc), tracking the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR.

    Top Holdings

    Top Holdings
    Fund Top Holdingsas of 09 Aug 2022

    Fund Top Holdings as of 09 Aug 2022

    Security Name Weight
    LETRA TESOURO NACIONAL 0 01/01/2024 1,45%
    LETRA TESOURO NACIONAL 0 07/01/2024 1,40%
    REPUBLIC OF SOUTH AFRICA 10.5 12/21/2026 1,24%
    NOTA DO TESOURO NACIONAL 10 01/01/2025 1,23%
    POLAND GOVERNMENT BOND 3.75 05/25/2027 1,21%
    MEX BONOS DESARR FIX RT 5.75 03/05/2026 1,12%
    NOTA DO TESOURO NACIONAL 10 01/01/2027 1,11%
    LETRA TESOURO NACIONAL 0 07/01/2023 1,10%
    REPUBLIC OF SOUTH AFRICA 8.875 02/28/2035 1,02%
    REPUBLIC OF SOUTH AFRICA 8 01/31/2030 0,98%
    Download All Holdings: Download Daily Holdings

    Sector Allocation

    Sector Allocation
    Fund Sector Allocationas of 09 Aug 2022

    Fund Sector Allocation as of 09 Aug 2022

    Sector Weight
    Treasury 97,71%
    Agency 1,17%
    Cash 1,07%
    Non Corporates 0,04%

    Geographical Weights

    Geographical Weights

    Fund Maturity Ladderas of 09 Aug 2022

    Fund Maturity Ladder
    as of 09 Aug 2022
    Maturity Weight
    0 - 1 Year 2,97%
    1 - 2 Years 9,60%
    2 - 3 Years 11,95%
    3 - 5 Years 20,25%
    5 - 7 Years 10,78%
    7 - 10 Years 16,83%
    10 - 15 Years 9,86%
    15 - 20 Years 6,20%
    20 - 30 Years 9,97%
    > 30 Years 1,59%

    Fund Quality Breakdownas of 09 Aug 2022

    Fund Quality Breakdown
    as of 09 Aug 2022
    Quality Weight
    Aaa 1,07%
    Aa 13,58%
    A 29,75%
    Baa 37,71%
    Below BAA 17,19%
    Fund Documents
    Information & Schedules

    Fund Footnote

    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.

    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.

    "Bloomberg®" and all Bloomberg Indices are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Bank and Trust Company, through its State Street Global Advisors division ("SSGA"). Bloomberg is not affiliated with SSGA, and Bloomberg does not approve, endorse, review, or recommend any SSGA product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to any SSGA product.

    Previous to 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF (Acc), tracking the Bloomberg Barclays Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR.

    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.

     

    SSGA SPDR ETFs Europe I and II plc issue SPDR ETFs, and is an open-ended investment company. The Company is organised as an Undertaking for Collective Investments in Transferable Securities (UCITS) under the laws of Ireland and authorised as a UCITS by the Central Bank of Ireland.

     

    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.

     

    SSGA SPDR ETFS MAY NOT BE AVAILABLE OR SUITABLE FOR YOU. THE VIEWS EXPRESSED/INFORMATION IN THIS SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL, LEGAL, REGULATORY, ACCOUNTING OR TAX ADVICE. INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE FUNDS OR ANY OTHER FINANCIAL INSTRUMENT.

     

    Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

     

    SPDR ETFs may be offered and sold only in those jurisdictions where authorised, in compliance with applicable regulations.

     

    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. The prospectus/KIID describing the characteristics, costs, risks and other relevant information of SPDR ETFs are available for residents of countries where SPDR ETFs are authorised for sale on the SPDRs website or from Cecabank, S.A. Alcalá 27, 28014 Madrid (Spain) who is the Spanish Representative, Paying Agent and distributor in Spain.

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