SPDR® FTSE® Greater China ETF 3073

Important Risk Disclosure

The objective of the SPDR® FTSE® Greater China ETF (the "Fund") is to provide investment returns, before fees and expenses, that closely correspond to the performance of the FTSE® Greater China HKD Index (the "Index").

Investment involves risk. The Fund is not "actively managed", therefore when there is a decline in the Underlying Index, the Fund will also decrease in value. The Manager will not adopt any temporary defensive position against any market downturn.

Generally, retail investors can only buy or sell Units on SEHK. The trading prices of the Units on SEHK are driven by market factors such as demand and supply of the Units. Therefore, the Units may trade at a substantial premium/discount to its Net Asset Value.

The Fund invests a significant portion of its assets in stocks with heavy exposure to China, which involve a greater risk of loss than investing in more developed markets due to, among other factors, greater political, tax, economic, foreign exchange, liquidity and regulatory risks. The concentration of investments in China may result in greater volatility and less liquidity. Investment in these markets involve higher transaction and custody costs.

The investments of the Fund may be concentrated in securities of a single or several issuers, an industry or group of industries, or in a particular jurisdiction or market. Changes in the financial condition of an issuer, or changes in specific or general economic or political conditions that affect such issuer, industry, jurisdiction or market may adversely affect the value of securities resulting in price volatility and a negative impact on the securities held by the Fund.

The Fund may not be suitable for all investors and investors may lose part or all of your investment.

Investors should not invest based on this document only. Investors should read the Fund's prospectus including the risk factors, consider the relevant product features, their own investment objectives, risk tolerance level and other circumstances and seek independent financial and professional advice as appropriate before making any investment decision.

NAV

NAV per Unit

Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding.

HKD $41.40

as of 11 Nov 2019

INAV

Delayed by 10-15 seconds. The Estimated NAV per Unit should not be viewed as the actual NAV per Unit. The estimated NAV per Unit is provided for reference purposes only and may differ from the actual NAV per Unit calculated in accordance with the Trust Deed.

as of

Base Currency

HKD

1 Day Nav Change

HKD -$0.96 (-2.26%)

as of 11 Nov 2019

AUM

HKD $799.06 M

as of 11 Nov 2019

Ongoing Charges (per annum)

The ongoing charges figure is based on the expenses for the financial year ended 30 September 2018. The figure may vary from year to year. The ongoing charges figure is calculated by adding the applicable charges and payments deducted from the assets of the Greater China ETF and then dividing by the Greater China ETF's average net asset value for the financial year. During the financial year ended 30 September 2018, the Manager intended to maintain the ongoing charges figure to be no more than 0.48% and therefore reimbursed certain expenses of the Greater China ETF.

0.48%


Key Features

Key Features

The SPDR® FTSE® Greater China ETF (the "Fund") seeks to provide investment returns, before fees and expenses, that closely correspond to the performance of the FTSE® Greater China HKD Index ("Index" and "Benchmark").

Comprises exposure to the four leading Asian equity markets: China, Hong Kong, Singapore and Taiwan.


Fund Objective

Fund Objective

The investment objective of the Fund is to provide investment returns, before fees and expenses, that closely correspond to the performance of the FTSE® Greater China HKD Index.

The Manager intends to primarily adopt a replication strategy to track the performance of the Index by directly investing in substantially all the securities constituting the Index in substantially the same weightings (i.e. proportions) as these securities have in the Index.


About this Benchmark

About this Benchmark

The FTSE® Greater China HKD Index was launched on 24 May 2010, comprising of stocks listed in Hong Kong, Taiwan, Shanghai (B shares), Shenzhen (B shares) and Singapore, providing coverage for the Greater China Region. The Index does not have A Share constituent stocks.


Fund Information as of 11 Nov 2019

Fund Information as of 11 Nov 2019

Primary Benchmark Inception Date Ongoing Charges (per annum)

The ongoing charges figure is based on the expenses for the financial year ended 30 September 2018. The figure may vary from year to year. The ongoing charges figure is calculated by adding the applicable charges and payments deducted from the assets of the Greater China ETF and then dividing by the Greater China ETF's average net asset value for the financial year. During the financial year ended 30 September 2018, the Manager intended to maintain the ongoing charges figure to be no more than 0.48% and therefore reimbursed certain expenses of the Greater China ETF.

Board Lot Size Base Currency Domicile Location Registration Locations
FTSE® Greater China HKD Index 15 Sep 2010 0.48% 200 Units HKD Hong Kong Hong Kong
Primary Benchmark FTSE® Greater China HKD Index
Inception Date 15 Sep 2010
Ongoing Charges (per annum)

The ongoing charges figure is based on the expenses for the financial year ended 30 September 2018. The figure may vary from year to year. The ongoing charges figure is calculated by adding the applicable charges and payments deducted from the assets of the Greater China ETF and then dividing by the Greater China ETF's average net asset value for the financial year. During the financial year ended 30 September 2018, the Manager intended to maintain the ongoing charges figure to be no more than 0.48% and therefore reimbursed certain expenses of the Greater China ETF.

0.48%
Board Lot Size 200 Units
Base Currency HKD
Domicile Location Hong Kong
Registration Locations Hong Kong
Regulatory Structure Replication Method Fund Manager Distribution Frequency Trustee
Collective Investment Scheme Full Replication State Street Global Advisors Asia Limited (道富環球投資管理亞洲有限公司) Semi-Annually at Manager's Discretion State Street Trust (HK) Limited
Regulatory Structure Collective Investment Scheme
Replication Method Full Replication
Fund Manager State Street Global Advisors Asia Limited (道富環球投資管理亞洲有限公司)
Distribution Frequency Semi-Annually at Manager's Discretion
Trustee State Street Trust (HK) Limited

Listing Information as of 11 Nov 2019

Listing Information as of 11 Nov 2019

Exchange Listing Date Trading Currency Stock Code Bloomberg Ticker SEDOL ISIN
The Stock Exchange of Hong Kong Limited 20 Sep 2010 HKD 3073 3073 HK B68D1B0 HK0000068749
Exchange The Stock Exchange of Hong Kong Limited
Listing Date 20 Sep 2010
Trading Currency HKD
Stock Code 3073
Bloomberg Ticker 3073 HK
SEDOL B68D1B0
ISIN HK0000068749

INAV

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)
ssmp fund INAV TICKER ssmp fund CURRENCY ssmp fund 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)
ssmp fund INAV TICKER
ssmp fund CURRENCY
ssmp fund INAV

Delayed by 10-15 seconds. The Estimated NAV per Unit should not be viewed as the actual NAV per Unit. The estimated NAV per Unit is provided for reference purposes only and may differ from the actual NAV per Unit calculated in accordance with the Trust Deed.


Fund Characteristics as of 08 Nov 2019

Fund Characteristics as of 08 Nov 2019

Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio (P/CF). The calculation of P/CF is the closing price divided by the cash flow per share as of the last fiscal year.

Price/Earnings

Price/Earnings

The weighted average of the underlying security's Price to Earnings ratio (P/E). The calculation of P/E is the closing price divided by the mean EPS for the last 12 months.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted average of the underlying security's Price to Book Ratio (P/B). The calculation of P/B is the closing price divided by the most recent reported book value for the prior fiscal year.

Weighted Average Market Cap
6.81 12.37 441 1.42 HKD $744,312.75 M
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio (P/CF). The calculation of P/CF is the closing price divided by the cash flow per share as of the last fiscal year.

6.81
Price/Earnings

Price/Earnings

The weighted average of the underlying security's Price to Earnings ratio (P/E). The calculation of P/E is the closing price divided by the mean EPS for the last 12 months.

12.37
Number of Holdings 441
Price/Book Ratio

Price/Book Ratio

The weighted average of the underlying security's Price to Book Ratio (P/B). The calculation of P/B is the closing price divided by the most recent reported book value for the prior fiscal year.

1.42
Weighted Average Market Cap HKD $744,312.75 M

Index Characteristics as of 08 Nov 2019

Index Characteristics as of 08 Nov 2019

Dividend Yield

Dividend Yield

Index Dividend Yield is the weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

Total Market Capitalization Number of Components
2.81% HKD $19.49 Trillion 435
Dividend Yield

Dividend Yield

Index Dividend Yield is the weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

2.81%
Total Market Capitalization HKD $19.49 Trillion
Number of Components 435

Index Facts as of 08 Nov 2019

Index Facts as of 08 Nov 2019

Index Launch Date Index Launch Value Index Current Value
24 May 2010 2,147.20 4,417.97
Index Launch Date 24 May 2010
Index Launch Value 2,147.20
Index Current Value 4,417.97

Fund Market Price as of 11 Nov 2019

Fund Market Price as of 11 Nov 2019

Bid/Ask Prices

bid price

The bid price is the price a prospective buyer is prepared to pay at a particular time for trading a unit of given security and

ask price

The ask price is the price at which someone who owns a security offers to sell it; also known as the asked price.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (HKD) Exchange Volume (Shares)

The Exchange Volume represents the volume of shares traded on the Stock Exchange of Hong Kong throughout the previous business day.

30 Day Average Exchange Volume (HKD)
HKD $41.05 / HKD $42.70 HKD $41.55 - - HKD $0 0 HKD $201,851.43
Bid/Ask Prices

bid price

The bid price is the price a prospective buyer is prepared to pay at a particular time for trading a unit of given security and

ask price

The ask price is the price at which someone who owns a security offers to sell it; also known as the asked price.

HKD $41.05 / HKD $42.70
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

HKD $41.55
Day High -
Day Low -
Exchange Volume (HKD) HKD $0
Exchange Volume (Shares)

The Exchange Volume represents the volume of shares traded on the Stock Exchange of Hong Kong throughout the previous business day.

0
30 Day Average Exchange Volume (HKD) HKD $201,851.43
30 Day Average Exchange Volume (Shares)
2,313
30 Day Average Exchange Volume (Shares) 2,313

Fund Net Asset Value as of 11 Nov 2019

Fund Net Asset Value as of 11 Nov 2019

NAV

NAV per Unit

Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding.

Change

"Change" indicates the change since the previous Dealing day.

Change (%)

"Change" indicates the change since the previous Dealing day.

Number of Outstanding Units AUM
HKD $41.40 HKD -$0.96 -2.26% 19,300,000 HKD $799.06 M
NAV

NAV per Unit

Market value of a mutual fund's or ETF's total assets, minus liabilities, divided by the number of shares outstanding.

HKD $41.40
Change

"Change" indicates the change since the previous Dealing day.

HKD -$0.96
Change (%)

"Change" indicates the change since the previous Dealing day.

-2.26%
Number of Outstanding Units 19,300,000
AUM HKD $799.06 M
Most Recent NAV / NAV History

Fund Performance
View as

Fund Performance

  • Fund Inception Date: 15 Sep 2010
  • Index Inception Date: 24 May 2010
As Of YTD 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since Inception
15 Sep 2010
Fund 31 Oct 2019 12.0% 4.8% 1.0% -2.9% 15.0% 31.2% 34.9% - 67.2%
FTSE® Greater China HKD Index 31 Oct 2019 12.4% 4.9% 1.1% -2.7% 15.5% 32.9% 37.8% - 74.4%
As Of YTD 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since Inception
15 Sep 2010
Fund 30 Sep 2019 6.9% 1.7% -4.1% -5.4% -2.5% 24.4% 33.8% - 59.5%
FTSE® Greater China HKD Index 30 Sep 2019 7.2% 1.8% -4.0% -5.2% -2.1% 25.9% 36.6% - 66.3%

as of 31 Oct 2019

as of 30 Sep 2019

As Of 1 Year 3 Year 5 Year 10 Year Since Inception
15 Sep 2010
Fund 31 Oct 2019 15.0% 9.5% 6.2% - 5.8%
FTSE® Greater China HKD Index 31 Oct 2019 15.5% 9.9% 6.6% - 6.3%
As Of 1 Year 3 Year 5 Year 10 Year Since Inception
15 Sep 2010
Fund 30 Sep 2019 -2.5% 7.5% 6.0% - 5.3%
FTSE® Greater China HKD Index 30 Sep 2019 -2.1% 8.0% 6.4% - 5.8%

as of 31 Oct 2019

as of 30 Sep 2019

2019 (YTD) 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund 12.0% -12.4% 39.6% 6.1% -7.5% 6.9% 6.7% 22.0% -19.2% 10.5% -
FTSE® Greater China HKD Index 12.4% -12.0% 40.3% 6.6% -7.1% 7.2% 7.2% 22.6% -18.6% 10.7% -

as of 31 Oct 2019

Fund performance is calculated on a net-of-fees return basis in HKD terms on NAV-to-NAV basis, with all dividends reinvested. The Index performances are calculated on a total return basis in HKD which assumes dividends are reinvested. All performances after one year are annualized. The Index was rebased on 19 September 2003 and calculated using actual figures from the FTSE® Greater China Index. All information in relation to the Index is provided by FTSE. Index returns do not represent actual ETF performance and are for illustration purposes only. Index performance does not reflect tracking error, charges and expenses associated with the Fund, or brokerage commissions associated with buying and selling exchange traded funds. 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.

Calendar Performance represents the annual performance for each calendar year, except for 2010 for which the figure represents performance since inception on 15 September 2010 to 31 December 2010. 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 HKD terms on NAV-to-NAV basis, with all dividends reinvested. The Index performance is calculated on a total return basis in HKD which assumes dividends are reinvested.

The benchmark of the Fund is FTSE® Greater China HKD Index.


Index History as of 31 Oct 2019

Index History as of 31 Oct 2019

Growth of $10,000: FTSE® Greater China HKD Index

Index Inception Date: 24 May 2010


Definitions of Tracking Difference and Tracking Error

Definitions of Tracking Difference and Tracking Error

Tracking Difference (TD)

Tracking Difference is the return difference between an ETF and its underlying benchmark / index over a certain period of time.

Tracking Error (TE)

Tracking error measures how consistently an ETF follows its benchmark / index. It is the volatility (measured by standard deviation) of that return difference.


Tracking Error as of 31 Oct 2019 - Listing Date 20 Sep 2010

Tracking Error as of 31 Oct 2019 - Listing Date 20 Sep 2010

Rolling 1-Year TE^
0.0471%
Rolling 1-Year TE^ 0.0471%

^ Annualized based on the number of dealing days in the past year when daily TD is calculated.


Tracking Difference as of 31 Oct 2019 - Listing Date 20 Sep 2010

Tracking Difference as of 31 Oct 2019 - Listing Date 20 Sep 2010

Rolling 1-Year TD 2018 2017 2016 2015 2014 2013
-0.5323% -0.3295% -0.6369% -0.4958% -0.3612% -0.3004% -0.5338%
Rolling 1-Year TD -0.5323%
2018 -0.3295%
2017 -0.6369%
2016 -0.4958%
2015 -0.3612%
2014 -0.3004%
2013 -0.5338%
2012 2011
-0.5292% -0.6136%
2012 -0.5292%
2011 -0.6136%

Tracking Difference Graph

Tracking Difference Graph

ETF's performance is calculated on an NAV to NAV basis and assumes reinvestment of distributions.


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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

Fund Top 10 Holdingsas of 08 Nov 2019
Index Top 10 Holdingsas of 08 Nov 2019

Fund Top 10 Holdings as of 08 Nov 2019

Company Ticker Sector Weight
Taiwan Semiconductor Manufacturing 2330-TW Technology 9.69%
Tencent Holdings (P Chip) 700-HK Technology 9.57%
AIA Group Ltd. 1299-HK Financials 5.11%
China Construction Bank (H) 939-HK Financials 3.10%
Ping An Insurance (H) 2318-HK Financials 2.64%
Industrial and Commercial Bank of China (H) 1398-HK Financials 2.35%
China Mobile (Red Chip) 941-HK Telecommunications 1.74%
Meituan Dianping (P Chip) 3690-HK Consumer Services 1.64%
Hong Kong Exchanges & Clearing 388-HK Financials 1.64%
Hon Hai Precision Industry 2317-TW Industrials 1.43%
Download All Holdings: Daily Month-End

Index Top 10 Holdings as of 08 Nov 2019

Company Ticker Sector Weight
Taiwan Semiconductor Manufacturing 2330-TW Technology 9.70%
Tencent Holdings (P Chip) 700-HK Technology 9.57%
AIA Group Ltd. 1299-HK Financials 5.11%
China Construction Bank (H) 939-HK Financials 3.10%
Ping An Insurance (H) 2318-HK Financials 2.64%
Industrial and Commercial Bank of China (H) 1398-HK Financials 2.35%
China Mobile (Red Chip) 941-HK Telecommunications 1.74%
Meituan Dianping (P Chip) 3690-HK Consumer Services 1.64%
Hong Kong Exchanges & Clearing 388-HK Financials 1.64%
Hon Hai Precision Industry 2317-TW Industrials 1.43%

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 Breakdownas of 08 Nov 2019
Index Sector Breakdownas of 08 Nov 2019

Fund Sector Breakdown as of 08 Nov 2019

Sector Weights
Financials 36.96%
Technology 24.88%
Industrials 9.26%
Consumer Goods 7.91%
Consumer Services 5.10%
Utilities 3.48%
Basic Materials 3.46%
Oil & Gas 3.38%
Telecommunications 3.29%
Health Care 2.28%

Index Sector Breakdown as of 08 Nov 2019

Sector Weights
Financials 36.97%
Technology 24.89%
Industrials 9.23%
Consumer Goods 7.88%
Consumer Services 5.11%
Utilities 3.50%
Basic Materials 3.46%
Oil & Gas 3.40%
Telecommunications 3.30%
Health Care 2.28%

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.

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.


Purchase Information

Purchase Information

SPDR® ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR® fund, please consult your stock broker or financial advisor.


Fund Disclosures

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") (the "Manager") 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.

Investing involves risk including the risk of loss of principal.

Nothing in this document constitutes investment advice and should not be relied upon as such. The value of units in the Fund may fall or rise. Past performance of the Fund is not indicative of future performance. Distributions from the Fund are contingent on dividends paid on underlying investments of the Fund and are not guaranteed. Listing of the Fund on the SEHK does not guarantee a liquid market for the units and the Fund may be delisted from the SEHK.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

"FTSE®", "FT-SE®", "Footsie®", "FTSE4Good®" and "techMARK®" are trademarks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited ("FTSE") under license. "All-World®", "All-Share®" and "All-Small®" are trademarks of FTSE. The FTSE® Greater China HKD Index is calculated by FTSE. FTSE does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading.

All copyright and database rights in the index values and constituent list vest in FTSE. State Street Global Advisors Asia Limited (道富環球投資管理亞洲有限公司) has obtained full licence from FTSE to use such copyrights and database rights in the creation of this product.