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SPDR® Bloomberg Global Aggregate Bond EUR Hdg UCITS ETF (Acc) SPFF GY

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
€30,56
as of 20 May 2024
Share Class Currency
EUR
1 Day Nav Change
-€0,03 (-0,09%)
as of 20 May 2024
Total Fund Assets USD
$3 420,16 M
as of 20 May 2024
TER
0,10%

Fund Objective

The objective of the Fund is to track the performance of global markets for investment grade (high quality) fixed-rate debt securities.

Index Description

The Bloomberg Global Aggregate Bond Index (EUR Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg Global Aggregate Bond Index, to EUR. The index is 100% hedged to the EUR by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of government, government-related and corporate bonds, as well as asset-backed, mortgage-backed and commercial mortgage-backed securities from both developed and emerging markets issuers.

Fund Information as of 21 May 2024

ISIN IE000AQ7A2X6
iNAV Ticker

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

INSPFF
Inception Date 09 Jan 2023
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency EUR
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3
Trading Cycle DD+1
TER 0,10%
Benchmark Bloomberg Global Aggregate Bond Index (EUR hedged)
Minimum Investment 1 Share
Trading Currency EUR
UCITS Compliant Yes
Domicile Ireland
Investment Manager State Street Global Advisors Europe Limited
Sub-Investment Manager(s)

State Street Global Advisors Limited

State Street Global Advisors Trust Company

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 Yes

Listing and Ticker Information as of 21 May 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 10 Jan 2023 SPFF BP830K5 SPFF GY SPFFG.DE

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 17 May 2024

Current Yield 2,79%
Effective Convexity 0,79%
Effective Duration 6,54
Number of Holdings 10 034
Yield to Maturity 3,89%
Average Maturity in Years 8,39
Average Price $92,71

Fund Market Price as of 20 May 2024

Bid Price €30,55
Offer Price €30,59
Closing Price €30,57
Bid/Offer Spread €0,04
Day High -
Day Low -
52 Week High €31,18
52 Week Low €28,90

Fund Net Asset Value as of 20 May 2024

NAV €30,56
Share Class Assets €33,22 M
Shares in Issue 1 087 029
Total Fund Assets USD $3 420,16 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: 09 Jan 2023
  • Index Inception Date: 30 Nov 2005

as of 30 Apr 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
09 Jan 2023
Fund Net 30 Apr 2024 -1,83% -1,87% -2,24% -0,08% - - - 0,62%
Difference 30 Apr 2024 -0,08% -0,08% -0,13% -0,07% - - - -0,13%
Fund Gross 30 Apr 2024 -1,82% -1,84% -2,21% 0,02% - - - 0,72%
Difference 30 Apr 2024 -0,07% -0,05% -0,10% 0,03% - - - -0,03%
Index
Bloomberg Global Aggregate Bond Index (EUR hedged)
30 Apr 2024 -1,75% -1,79% -2,11% -0,01% -3,74% -1,37% 0,28% 0,75%

as of 30 Apr 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
09 Jan 2023
Fund Net 30 Apr 2024 -1,83% -1,87% -2,24% -0,08% - - - 0,81%
Difference 30 Apr 2024 -0,08% -0,08% -0,13% -0,07% - - - -0,17%
Fund Gross 30 Apr 2024 -1,82% -1,84% -2,21% 0,02% - - - 0,94%
Difference 30 Apr 2024 -0,07% -0,05% -0,10% 0,03% - - - -0,04%
Index
Bloomberg Global Aggregate Bond Index (EUR hedged)
30 Apr 2024 -1,75% -1,79% -2,11% -0,01% -10,82% -6,66% 2,83% 0,98%

as of 30 Apr 2024

2024 (YTD) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund Net -2,24% 3,13% - - - - - - - - -
Difference -0,13% -0,04% - - - - - - - - -
Fund Gross -2,21% 3,23% - - - - - - - - -
Difference -0,10% 0,07% - - - - - - - - -
Index
Bloomberg Global Aggregate Bond Index (EUR hedged)
-2,11% 3,16% -13,27% -2,23% 4,24% 5,10% -1,04% 1,06% 2,44% 0,68% 7,57%

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 17 May 2024

Security Name Weight
US TREASURY N/B 4.375 08/15/2026 0,75%
TREASURY BILL 0 06/06/2024 0,51%
US TREASURY N/B 4.625 09/30/2030 0,30%
US TREASURY N/B 3.875 08/15/2033 0,24%
US TREASURY N/B 3.625 05/15/2026 0,23%
US TREASURY N/B 3.875 12/31/2029 0,22%
JAPAN (10 YEAR ISSUE) 0.2 09/20/2032 0,22%
US TREASURY N/B 4.5 07/15/2026 0,21%
US TREASURY N/B 4 02/15/2034 0,20%
US TREASURY N/B 3.125 11/15/2028 0,19%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 17 May 2024

Sector Weight
Treasury 54,72%
Mortgage Backed Securities 11,71%
Corporate - Industrial 9,48%
Corporate - Finance 7,11%
Agency 6,08%
Non Corporates 5,69%
Corporate - Utility 1,55%
Cash 0,75%
CMBS 0,63%
Asset Backed Securities 0,05%
Other 2,24%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 17 May 2024

Maturity Weight
0 - 1 Year 1,79%
1 - 2 Years 12,27%
2 - 3 Years 11,11%
3 - 5 Years 17,81%
5 - 7 Years 13,95%
7 - 10 Years 20,41%
10 - 15 Years 6,55%
15 - 20 Years 5,71%
20 - 30 Years 8,82%
> 30 Years 1,57%

Quality Breakdown

Fund Quality Breakdown as of 17 May 2024

Quality Weight
AAA 12,74%
AA1 30,79%
AA2 5,28%
AA3 6,18%
A1 21,69%
A2 2,85%
A3 6,39%
BAA1 3,83%
BAA2 7,50%
BAA3 2,73%

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.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is affiliated with State Street, and neither approves, endorses, reviews or recommends SPDR Bloomberg Barclays Global Aggregate Bond EUR Hdg UCITS ETF. Neither Bloomberg nor Barclays guarantees the timeliness, accurateness or completeness of any data or information relating to Bloomberg Barclays Global Aggregate Bond Index (EUR Hedged), and neither shall be liable in any way to the State Street, investors in SPDR Bloomberg Barclays Global Aggregate Bond EUR Hdg UCITS ETF or other third parties in respect of the use or accuracy of the Bloomberg Barclays Global Aggregate Bond Index (EUR Hedged) or any data included therein.