Important Risk Disclosure

  • This is an index fund. The investment policy of the Fund is to track the performance of the MSCI Pacific ex-Japan Index (the “Index”) as closely as possible while seeking to minimize as far as possible the tracking difference between the Fund’s performance and that of the Index.
  • The Index measures the performance of equities from Pacific ex-Japan. Securities are weighted by market capitalisation.
  • Investment in the Fund involves risks, which include index tracking risk, equity and equity related securities risk, currency hedging risk, securities lending risk and share class risk. Equity markets tend to move in cycles, which may cause stock prices to fall over short or extended periods of time and the portfolio may suffer significant losses.
  • Before you decide to invest, you should make sure the intermediary has explained to you that the fund is suitable to you.
  • Investors should not rely on this document alone to make investment decisions. Please refer to the Prospectus and Product Key Facts for full details about the risks associated with this Fund.

State Street Pacific Ex-Japan Index Equity Fund - A HKD LU2076772057

NAV

HKD $9.07

as of 02 Jul 2020

Share Class Currency

HKD

Management Fee (p.a.)

0.3%

Fund AUM

$84.38 M

as of 02 Jul 2020

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Fund Objective

Fund Objective

The objective of the State Street Pacific Ex-Japan Index Equity Fund (the "Fund") is to seek to track the performance of the MSCI Pacific ex-Japan Index (the 'Index') as closely as reasonably possible over the long term.


Fund Information as of 02 Jul 2020

Fund Information as of 02 Jul 2020
Benchmark Inception Date Management Fee (p.a.) Ongoing Charges

The ongoing charges figure is calculated by adding the applicable charges and payments deducted from the assets of the fund and then dividing by the fund's average net asset value for the fiscal year.

Subscription Fee Regulatory Structure Investment Style
MSCI Pacific ex-Japan Index 20 Nov 2019 0.3% 0.40% - Investment Company Index
Benchmark MSCI Pacific ex-Japan Index
Inception Date 20 Nov 2019
Management Fee (p.a.) 0.3%
Ongoing Charges

The ongoing charges figure is calculated by adding the applicable charges and payments deducted from the assets of the fund and then dividing by the fund's average net asset value for the fiscal year.

0.40%
Subscription Fee -
Regulatory Structure Investment Company
Investment Style Index
Zone Base Currency Share Class Currency Domicile Portfolio Managers / Team
Asia Pacific Ex Japan USD HKD LUXEMBOURG Global Equity Beta Solutions (GEBS) Team
Zone Asia Pacific Ex Japan
Base Currency USD
Share Class Currency HKD
Domicile LUXEMBOURG
Portfolio Managers / Team Global Equity Beta Solutions (GEBS) Team

Fund Characteristics as of 31 May 2020

Fund Characteristics as of 31 May 2020
Number of Holdings
133
Number of Holdings 133

Fund Net Asset Value as of 02 Jul 2020

Fund Net Asset Value as of 02 Jul 2020
NAV Fund AUM
HKD $9.07 $84.38 M
NAV HKD $9.07
Fund AUM $84.38 M
Most Recent NAV / NAV History

Fund Performance

Fund Performance

  • Fund Inception Date: 20 Nov 2019
  • Index Inception Date: 30 May 2010

as of 31 May 2020

As Of 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since Inception
20 Nov 2019
Difference 31 May 2020 -0.1% -0.1% -0.1% - - - - -0.2%
Fund 31 May 2020 -0.5% -11.8% -18.4% - - - - -18.2%
MSCI Pacific ex-Japan Index 31 May 2020 -0.4% -11.7% -18.2% - - - - -18.0%

as of 31 May 2020

2020 (YTD) 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Difference -0.1% 0.0% - - - - - - - - -
Fund -20.0% 2.3% - - - - - - - - -
MSCI Pacific ex-Japan Index -19.9% 2.3% - - - - - - - - -

Fund performance is calculated on a net-of-fees return basis in share class currency on NAV-to-NAV basis, with all dividend reinvested. Index returns reflect capital gains and losses, income, and the reinvestment of dividends. All performances after one year are annualized. Index returns do not represent actual performance and are for illustration purposes only. Index performance does not reflect tracking error, charges and expenses associated with the fund. It is not possible to invest directly in an index. Past performance information presented is not indicative of future performance and investors may not get back the full amount invested. The investment returns are denominated in share class dealing currency, which may be a foreign currency. If so, US/HK dollar-based investors are therefore exposed to fluctuations in the US/HK dollar/foreign currency exchange rate.

Calendar performance represents the annual performance for each calendar year. Performance returns for periods of less than one year are not annualized. Annualized and cumulative fund performance are calculated on a net-of-fee return basis in share class currency on NAV-to-NAV basis, with dividends reinvested.


Top Holdings

Information is shown as of the date displayed and is 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 if the securities displayed will be profitable in the future.

Top Holdings

Information is shown as of the date displayed and is 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 if the securities displayed will be profitable in the future.

Fund Top 10 Holdingsas of 31 May 2020

Fund Top 10 Holdings as of 31 May 2020

Company Weight
AIA GROUP LTD 6.94%
CSL LTD 5.91%
COMMONWEALTH BANK OF AUSTRAL 5.32%
BHP GROUP LTD 4.83%
HONG KONG EXCHANGES & CLEAR 2.96%
WESTPAC BANKING CORP 2.93%
NATIONAL AUSTRALIA BANK LTD 2.68%
AUST AND NZ BANKING GROUP 2.38%
WESFARMERS LTD 2.15%
WOOLWORTHS GROUP LTD 2.09%

Sector Allocation

Information is shown as of the date displayed and is 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 if the sectors displayed will be profitable in the future.

Sector Allocation

Information is shown as of the date displayed and is 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 if the sectors displayed will be profitable in the future.

Fund Sector Allocationas of 31 May 2020
Index Sector Allocationas of 31 May 2020

Fund Sector Allocation as of 31 May 2020

Sector Weight
Financials 34.94%
Real Estate 12.31%
Materials 11.24%
Health Care 9.08%
Industrials 8.64%
Consumer Discretionary 5.92%
Consumer Staples 5.63%
Utilities 4.97%
Communication Services 3.28%
Energy 2.69%
Information Technology 1.31%

Index Sector Allocation as of 31 May 2020

Sector Weight
Financials 35.13%
Real Estate 12.30%
Materials 10.66%
Health Care 9.06%
Industrials 8.92%
Consumer Discretionary 6.19%
Consumer Staples 5.72%
Utilities 5.01%
Communication Services 3.36%
Energy 2.81%
Information Technology 0.84%

Geographical Breakdown

Information is shown as of the date displayed and is subject to change. This information should not be considered a recommendation to invest in a particular geographical location or to buy or sell any security shown. It is not known if the geographical locations displayed will be profitable in the future.Within Geographical Breakdown, 'Other' denotes the consolidation of any countries which are not already included in the Fund's top 10.

Geographical Breakdown

Information is shown as of the date displayed and is subject to change. This information should not be considered a recommendation to invest in a particular geographical location or to buy or sell any security shown. It is not known if the geographical locations displayed will be profitable in the future.Within Geographical Breakdown, 'Other' denotes the consolidation of any countries which are not already included in the Fund's top 10.


Fund Footnotes

All the information contained in this document is as of date indicated unless otherwise noted.

This document is issued by State Street Global Advisors Asia Limited ("SSGA") and has not been reviewed by the SFC. It may not be reproduced, distributed or transmitted to any person without express prior permission. This document and the information contained herein may not be reproduced, distributed and published in jurisdictions in which such distribution and publication is not permitted. This document should be read in conjunction with its prospectus and Product Key Facts (KFS). All transactions should be based on the latest available prospectus and KFS which contains more information regarding the charges, expenses and risks involved in your investment.

The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor. All material has been obtained from sources believed to be reliable. There is no representation or warranty as to the accuracy of the information and State Street shall have no liability for decisions based on such information.

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