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SPDR® Bloomberg 0-3 Year Euro Corporate Bond USD Hdg UCITS ETF (Acc) SEHAX I2

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.

as of 21 Jun 2024
Share Class Currency
1 Day Nav Change
+$0,01 (+0,07%)
as of 21 Jun 2024
Total Fund Assets EUR
€1 274,45 M
as of 21 Jun 2024

Fund Objective

The objective of the Fund is to track the performance of the short-dated, fixed-rate, investment-grade Euro-denominated corporate bond market.

Index Description

The Bloomberg EUR Corporate 0-3 Year Index (USD Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg EUR Corporate 0-3 Year Index, to USD. The index is 100% hedged to the USD by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of corporate bonds that have a remaining maturity of greater than 0 month and less than 3 years.

Fund Information as of 22 Jun 2024

iNAV Ticker

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

Inception Date 07 Mar 2024
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency USD
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,25%
Benchmark Bloomberg Euro 0-3 Year Corporate Bond Index (USD Hedged)
Minimum Investment 1 Share
Trading Currency USD
UCITS Compliant Yes
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 Yes

Listing and Ticker Information as of 22 Jun 2024

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
CBOE NL Equities - Regulated Market (Primary) USD 08 Mar 2024 SEHAx BN71LX6 SEHAX I2 SEHAx.DXE
London Stock Exchange USD 11 Mar 2024 SUUC BN71M00 SUUC LN SUUC.L


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)

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 20 Jun 2024

Current Yield 1,80%
Effective Convexity 0,02%
Effective Duration 1,45
Number of Holdings 1 514
Yield to Maturity 3,82%
Average Maturity in Years 1,51
Average Price €95,39

Fund Market Price as of 21 Jun 2024

Bid Price $10,15
Offer Price $10,16
Closing Price $10,16
Bid/Offer Spread $0,01
Day High -
Day Low -
52 Week High $10,16
52 Week Low $10,01

Fund Net Asset Value as of 21 Jun 2024

NAV $10,15
Share Class Assets $0,16 M
Shares in Issue 15 985
Total Fund Assets EUR €1 274,45 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.

Top Holdings

Fund Top Holdings as of 20 Jun 2024

Security Name Weight
MERCEDES-BENZ INT FINCE 2.625 04/07/2025 0,26%
UBS GROUP AG 3.25 04/02/2026 0,24%
GOLDMAN SACHS GROUP INC 1.625 07/27/2026 0,24%
BANQUE FED CRED MUTUEL 0.01 03/07/2025 0,24%
JPMORGAN CHASE & CO 1.638 05/18/2028 0,23%
MORGAN STANLEY 0.406 10/29/2027 0,23%
BMW FINANCE NV 0.75 07/13/2026 0,23%
TOTALENERGIES SE 2.625 02/28/2049 0,22%
WELLS FARGO & COMPANY 1.5 05/24/2027 0,21%
COOPERATIEVE RABOBANK UA 4.125 07/14/2025 0,20%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 20 Jun 2024

Sector Weight
Corporate - Finance 48,03%
Corporate - Industrial 44,74%
Corporate - Utility 5,31%
Cash 1,92%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 20 Jun 2024

Maturity Weight
0 - 1 Year 34,60%
1 - 2 Years 32,75%
2 - 3 Years 32,37%
3 - 5 Years 0,28%

Quality Breakdown

Fund Quality Breakdown as of 20 Jun 2024

Quality Weight
AAA 2,03%
AA1 0,30%
AA2 1,10%
AA3 6,51%
A1 10,98%
A2 9,39%
A3 21,96%
BAA1 19,10%
BAA2 17,43%
BAA3 11,20%

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.

Performance of the fund is not shown as the inception date of the fund is less than 12 months.

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®" 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.