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SPDR® Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF (Acc) SPPS GY

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.

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.

NAV
€31,28
as of 22 Jul 2024
Share Class Currency
EUR
1 Day Nav Change
-€0,01 (-0,02%)
as of 22 Jul 2024
Total Fund Assets EUR
€839,96 M
as of 22 Jul 2024
TER
0,12%

Fund Objective

The objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which generally reflects the return of the Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select Index.

Index Description

The Index is an investment grade, fixed-rate, Euro-denominated benchmark that optimizes its R-Factor™ score provided by State Street Global Advisors®. The Index selects securities eligible for the Bloomberg Euro Corporate 0-3 Year Index and weights them using an optimization process, while controlling for active total risk. The Index excludes issuers based on certain involvement criteria and/or that fail to comply with the United Nations Global Compact principles.

Fund Information as of 23 Jul 2024

ISIN IE00B6YX5H87
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

INSPPS
Inception Date 03 May 2022
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom
Share Class Currency EUR
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,12%
Benchmark Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select Index
Minimum Investment 1 Share
Trading Currency EUR
UCITS Compliant Yes
SFDR Fund Classification SFDR - Article 8
Domicile Ireland
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Limited

Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 23 Jul 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 04 May 2022 SPPS B6YX5Y5 SPPS GY SPPSG.DE
Borsa Italiana EUR 05 May 2022 SESR BLR4XP7 SESR IM SESR.MI
Euronext Amsterdam EUR 05 May 2022 SECR BLR4Y54 SECR NA SECR.AS

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 22 Jul 2024

Current Yield 2,16%
Effective Convexity 0,02%
Effective Duration 1,48
Number of Holdings 718
Yield to Maturity 3,75%
Average Maturity in Years 1,56
Average Price €97,01

Fund Market Price as of 22 Jul 2024

Bid Price €31,30
Offer Price €31,33
Closing Price €31,30
Bid/Offer Spread €0,03
Day High €31,34
Day Low €31,30
52 Week High €31,35
52 Week Low €29,89

Fund Net Asset Value as of 22 Jul 2024

NAV €31,28
Share Class Assets €839,96 M
Shares in Issue 26 850 500
Total Fund Assets EUR €839,96 M

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 Inception Date: 03 May 2022
  • Index Inception Date: 01 Nov 2021

as of 30 Jun 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
03 May 2022
Fund Net 30 Jun 2024 0,44% 0,77% 1,54% 4,75% - - - 1,79%
Difference 30 Jun 2024 -0,04% -0,06% -0,11% -0,21% - - - -0,23%
Fund Gross 30 Jun 2024 0,45% 0,80% 1,60% 4,88% - - - 1,91%
Difference 30 Jun 2024 -0,03% -0,03% -0,05% -0,08% - - - -0,11%
Index
Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select Index
30 Jun 2024 0,48% 0,83% 1,65% 4,96% - - - 2,02%

as of 30 Jun 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
03 May 2022
Fund Net 30 Jun 2024 0,44% 0,77% 1,54% 4,75% - - - 3,91%
Difference 30 Jun 2024 -0,04% -0,06% -0,11% -0,21% - - - -0,51%
Fund Gross 30 Jun 2024 0,45% 0,80% 1,60% 4,88% - - - 4,17%
Difference 30 Jun 2024 -0,03% -0,03% -0,05% -0,08% - - - -0,24%
Index
Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select Index
30 Jun 2024 0,48% 0,83% 1,65% 4,96% - - - 4,42%

as of 30 Jun 2024

2024 (YTD) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund Net 1,54% 4,22% -1,81% - - - - - - - -
Difference -0,11% -0,27% -0,11% - - - - - - - -
Fund Gross 1,60% 4,34% -1,74% - - - - - - - -
Difference -0,05% -0,15% -0,03% - - - - - - - -
Index
Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select Index
1,65% 4,49% -1,70% - - - - - - - -

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 Holdings as of 22 Jul 2024

Security Name Weight
SOCIETE GENERALE 4.25 09/28/2026 0,71%
RAIFFEISEN BANK INTL 4.75 01/26/2027 0,67%
BANCO SANTANDER SA 3.5 01/09/2028 0,64%
ASSICURAZIONI GENERALI 4.596 11/29/2049 0,63%
INMOBILIARIA COLONIAL SO 2 04/17/2026 0,62%
UBS AG LONDON 5.5 08/20/2026 0,61%
SANTANDER CONSUMER BANK 4.5 06/30/2026 0,61%
INTESA SANPAOLO SPA 4.5 10/02/2025 0,61%
ING BANK NV 4.125 10/02/2026 0,60%
ENGIE SA 3.625 12/06/2026 0,60%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 22 Jul 2024

Sector Weight
Corporate - Finance 46,59%
Corporate - Industrial 46,16%
Corporate - Utility 6,40%
Cash 0,85%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 22 Jul 2024

Maturity Weight
0 - 1 Year 27,98%
1 - 2 Years 39,94%
2 - 3 Years 32,08%

Quality Breakdown

Fund Quality Breakdown as of 22 Jul 2024

Quality Weight
AAA 0,85%
AA1 0,81%
AA2 1,79%
AA3 4,80%
A1 10,31%
A2 12,00%
A3 19,76%
BAA1 23,81%
BAA2 14,73%
BAA3 11,14%

Characteristics, holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a reliable indicator of future performance. 

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.