1. Who are State Street Global Advisors?
For nearly four decades, State Street Global Advisors has helped our clients and those who rely on them to invest responsibly, enabling economic prosperity and social progress.
We partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment process spanning both indexing and active disciplines.
With trillions* in assets, our scale and global reach offer clients access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.
SSGA is the investment management arm of State Street Corporation, and has been in Australia since 1991. As at 31 December 2016, SSGA Australia, Limited. managed AUD$151.6 billion in assets.
2. How do I invest into a SSGA Fund?
You should consult a licensed financial adviser to obtain financial advice which is tailored to your personal circumstances before making any investment decisions and read the PDS and Information Booklet before making a decision.
Once prepared to make an investment, our funds are available via;
- Directly: Direct investors should refer to the How to Invest page which provides a step-by-step guide to making your investment.
- Indirectly (via a Platform): Indirect investors should complete the application forms provided by the Platform operator.
3. What is an APIR code?
An APIR code is a unique identifier issued by the Asia Pacific Investment Register (APIR) to participants and products within the Financial Services Industry. Each of SSGA’s Funds has an individual APIR code (available on the fund pages) which is used as another way in which to uniquely identify Funds.
4. Is there a minimum investment?
The minimum investment when investing directly with SSGA is $25,000. Investments made though a platform can vary with regard to their minimum investment.
5. Is there a minimum balance?
There is no minimum withdrawal amount for most of our Funds however, your remaining investment balance must be at least $15,000, unless you withdraw all your investment.
6. Is there an Automatic Savings Plan (ASP)?
Currently there is no ASP available, however we do provide BPAY, which allows you to make additional payments without any additional forms. Your BPAY Customer Reference Number is your Account Number starting with 4.
Please contact the Client Services Team on 1300 382 689 or firstname.lastname@example.org for further information.
7. What fees and expenses are associated with SSGA Funds?
There are a number of costs associated with investing in a fund, includingmanagement costs charged by the fund provider and service fees charged by your investment adviser. Investors may also consider indirect costs, including those stemming from the buy/sell spread. SSGA does not charge performance fees — an additional cost charged on top of managements costs incurred as a result of any previously agreed outperformance.
Details of the management costs for funds can be found in the relevant Fund Product Disclosure Statement.
8. How do I withdraw my investment from SSGA?
To make a partial or full withdrawal from your existing investment, complete the Withdrawal Request Form available for download on the Forms, Policies and Notices page. Once complete and signed, the form can be scanned and email to SSGA.email@example.com
If you have any questions on how to complete this form please call our State Street Client Services team on 1300 382 689.
9. What are risks involved with investing?
As with any investment, understanding the risks associated, is imperative. There are a number of factors that can influence and significantly vary the potential returns of an investment. Some of these factors may also be outside of the control of SSGA such as economic conditions and interest rates. The PDS outlines some of the potential risks specific to each fund. Please refer to the PDS, and your financial advisor before making a decision on your investment.