SPDR® Bloomberg 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc) ZPRM 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.

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
MXN $2 367,79
as of 03 Feb 2023
Share Class Currency
MXN
1 Day Nav Change
+ MXN $1,21 (+0,05%)
as of 03 Feb 2023
Total Fund Assets USD
$169,03 M
as of 03 Feb 2023
TER
0,10%

Fund Objective


The investment 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 US Treasury Bills 1-3 Month Index.


Index Description


The Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg US Treasury Bills 1-3 Month Index, to MXN. The index is 100% hedged to the MXN by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months.


Fund Information as of 04 Feb 2023

ISIN IE00BJXRT706
iNAV Ticker
INZPRM
Inception Date 17 Jul 2019
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency MXN
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle DD
TER 0,10%
Benchmark Bloomberg US Treasury Bills 1-3 Month Index (MXN Hedged)
Minimum Investment 1 Share
Trading Currency MXN, 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 No

Listing and Ticker Information as of 04 Feb 2023

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) USD 18 Jul 2019 ZPRM BJXRT70 ZPRM GY ZPRM.DE
Bolsa Mexicana de Valores MXN 05 Nov 2019 ZPRMN BKP5MY7 ZPRMN MM ZPRMN.MX

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 02 Feb 2023

Current Yield 0,00%
Effective Convexity 0,00%
Effective Duration 0,15
Number of Holdings 19
Yield to Maturity 4,56%
Average Maturity in Years 0,15
Average Price $98,98

Fund Market Price as of 03 Feb 2023

Bid Price $125,34
Offer Price $125,44
Closing Price $125,39
Bid/Offer Spread $0,11
Day High -
Day Low -
52 Week High $127,64
52 Week Low $102,08

Fund Net Asset Value as of 03 Feb 2023

NAV MXN $2 367,79
Share Class Assets MXN $227,23 M
Shares in Issue 95 965
Total Fund Assets USD $169,03 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: 17 Jul 2019
  • Index Inception Date: 30 Jun 2019

as of 31 Dec 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
17 Jul 2019
Fund Net 31 Dec 2022 0,93% 2,53% 8,32% 8,32% 19,25% - - 23,34%
Difference 31 Dec 2022 0,04% -0,07% -0,19% -0,19% -1,34% - - -1,61%
Fund Gross 31 Dec 2022 0,94% 2,55% 8,43% 8,43% 19,61% - - 23,77%
Difference 31 Dec 2022 0,04% -0,05% -0,09% -0,09% -0,98% - - -1,19%
Index
31 Dec 2022 0,90% 2,60% 8,52% 8,52% 20,59% - - 24,95%

as of 31 Dec 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
17 Jul 2019
Fund Net 31 Dec 2022 0,93% 2,53% 8,32% 8,32% 6,04% - - 6,26%
Difference 31 Dec 2022 0,04% -0,07% -0,19% -0,19% -0,39% - - -0,40%
Fund Gross 31 Dec 2022 0,94% 2,55% 8,43% 8,43% 6,15% - - 6,37%
Difference 31 Dec 2022 0,04% -0,05% -0,09% -0,09% -0,29% - - -0,29%
Index
31 Dec 2022 0,90% 2,60% 8,52% 8,52% 6,44% - - 6,66%

as of 31 Dec 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net 8,32% 4,69% 5,16% 3,43% - - - - - - -
Difference -0,19% -0,34% -0,64% -0,19% - - - - - - -
Fund Gross 8,43% 4,80% 5,26% 3,48% - - - - - - -
Difference -0,09% -0,24% -0,54% -0,14% - - - - - - -
Index
8,52% 5,03% 5,80% 3,62% - - - - - - -

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 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc), tracking the Bloomberg Barclays US Treasury Bills 1-3 Month Index (MXN Hedged).


Top Holdings

Fund Top Holdings as of 02 Feb 2023

Security Name Weight
TREASURY BILL 0 04/20/2023 9,64%
TREASURY BILL 0 03/23/2023 9,43%
TREASURY BILL 0 04/27/2023 7,58%
TREASURY BILL 0 04/13/2023 7,39%
TREASURY BILL 0 03/16/2023 7,21%
TREASURY BILL 0 03/09/2023 6,99%
TREASURY BILL 0 03/30/2023 6,96%
TREASURY BILL 0 04/06/2023 6,96%
TREASURY BILL 0 03/21/2023 6,77%
TREASURY BILL 0 03/28/2023 6,65%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 02 Feb 2023

Sector Weight
Treasury 99,68%
Cash 0,32%

Geographical Weights


Maturity Ladder

Fund Maturity Ladder as of 02 Feb 2023

Maturity Weight
0 - 1 Year 100,00%

Quality Breakdown

Fund Quality Breakdown as of 02 Feb 2023

Quality Weight
AAA 100,00%

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®" 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 1-3 Month T-Bill MXN Hdg UCITS ETF (Acc), tracking the Bloomberg Barclays US Treasury Bills 1-3 Month Index (MXN Hedged).