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    SPDR® MSCI Japan EUR Hdg UCITS ETF JPEH IM

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

    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.

    Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

    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
    €46,31
    as of 29 Mar 2023
    Share Class Currency
    EUR
    1 Day Nav Change
    +€0,64 (+1,41%)
    as of 29 Mar 2023
    Total Fund Assets JPY
    JPY ¥40 343,99 M
    as of 29 Mar 2023
    TER
    0,17%

    Quick Links

    Fund Objective

    The objective of the Fund is to track the performance of the Japanese equity market.

    Index Description

    The MSCI Japan 100% Hedged to EUR Index represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the MSCI Japan Index, to EUR. The index is 100% hedged to the EUR by selling the JPY forward at the one-month Forward rate. The parent index is composed of large and mid cap Japanese stocks.

    Fund Information as of 30 Mar 2023

    ISIN IE00BZ0G8C04
    iNAV Ticker
    		 INZPDWE
    Inception Date 30 Nov 2015
    Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
    Currency Hedging Monthly
    Share Class Currency EUR
    Income Treatment Accumulation
    Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
    Trading Cycle DD+1
    TER 0,17%
    Benchmark MSCI Japan 100% Hedged to EUR Index
    Minimum Investment 1 Share
    Trading Currency EUR
    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 Optimised
    Distribution Frequency -
    PEA Eligible No
    ISA Eligible Yes
    SIPP Eligible Yes
    UK Reporting Status Yes
    Securities Lending No

    Listing and Ticker Information as of 30 Mar 2023

    Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
    Deutsche Börse (Primary) EUR 01 Dec 2015 ZPDW BZ0G8C0 ZPDW GY ZPDW.DE
    London Stock Exchange EUR 02 Dec 2015 JPEH BZ096F8 JPEH LN JPEH.L
    Borsa Italiana EUR 23 Feb 2016 JPEH BYVB5S2 JPEH IM JPEH.MI

    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 29 Mar 2023

    Average Market Cap (M) JPY ¥4 789 943,00 M
    Number of Holdings 237
    Average Price/Book 1,29
    Price/Earnings Ratio FY1 13,34

    Fund Market Price as of 29 Mar 2023

    Bid Price €46,39
    Offer Price €46,45
    Closing Price €46,42
    Bid/Offer Spread €0,07
    Day High €46,45
    Day Low €46,23
    52 Week High €47,99
    52 Week Low €41,76

    Fund Net Asset Value as of 29 Mar 2023

    NAV €46,31
    Share Class Assets €17,26 M
    Shares in Issue 372 635
    Total Fund Assets JPY JPY ¥40 343,99 M
    Most Recent NAV/NAV History

    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: 30 Nov 2015
    • Index Inception Date: 01 Nov 2015

    as of 28 Feb 2023

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    30 Nov 2015
    Fund Net 28 Feb 2023 0,92% 0,34% 5,83% 7,20% 36,99% 22,08% - 34,02%
    Difference 28 Feb 2023 -0,01% -0,07% -0,01% -0,69% -1,61% -2,63% - -4,08%
    Fund Gross 28 Feb 2023 0,93% 0,38% 5,86% 7,38% 37,69% 23,55% - 36,70%
    Difference 28 Feb 2023 0,00% -0,03% 0,01% -0,51% -0,92% -1,17% - -1,40%
    Index
    		 28 Feb 2023 0,92% 0,41% 5,85% 7,90% 38,61% 24,72% - 38,10%

    as of 28 Feb 2023

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    30 Nov 2015
    Fund Net 28 Feb 2023 0,92% 0,34% 5,83% 7,20% 11,07% 4,07% - 4,12%
    Difference 28 Feb 2023 -0,01% -0,07% -0,01% -0,69% -0,43% -0,45% - -0,43%
    Fund Gross 28 Feb 2023 0,93% 0,38% 5,86% 7,38% 11,26% 4,32% - 4,41%
    Difference 28 Feb 2023 0,00% -0,03% 0,01% -0,51% -0,25% -0,20% - -0,15%
    Index
    		 28 Feb 2023 0,92% 0,41% 5,85% 7,90% 11,50% 4,52% - 4,55%

    as of 28 Feb 2023

    2023 (YTD) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
    Fund Net 5,83% -5,04% 12,49% 7,49% 16,73% -16,15% 18,62% -2,95% -2,12% - -
    Difference -0,01% -0,61% -0,28% -0,37% -0,99% 0,06% -0,56% -0,46% -0,04% - -
    Fund Gross 5,86% -4,88% 12,68% 7,69% 17,14% -15,86% 19,04% -2,61% -2,09% - -
    Difference 0,01% -0,45% -0,08% -0,17% -0,58% 0,35% -0,14% -0,12% -0,01% - -
    Index
    		 5,85% -4,44% 12,76% 7,87% 17,72% -16,21% 19,18% -2,49% -2,08% - -

    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.

    Deviation & Tracking Error as of 28 Feb 2023

    Standard Deviation 14,45%
    Tracking Error 0,24%

    This calculation is based on the past 3 years performance information.

    Top Holdings

    Fund Top Holdings as of 29 Mar 2023

    Security Name Weight
    Toyota Motor Corp. 4,50%
    Sony Group Corporation 3,32%
    Keyence Corporation 2,83%
    Mitsubishi UFJ Financial Group Inc. 2,32%
    Daiichi Sankyo Company Limited 1,86%
    Shin-Etsu Chemical Co Ltd 1,78%
    Tokyo Electron Ltd. 1,67%
    HitachiLtd. 1,62%
    Sumitomo Mitsui Financial Group Inc. 1,60%
    KDDI Corporation 1,55%
    Download All Holdings: Download Daily Holdings

    Sector Allocation

    Fund Sector Allocation as of 29 Mar 2023

    Sector Weight
    Industrials 22,51%
    Consumer Discretionary 18,10%
    Information Technology 14,07%
    Financials 11,25%
    Health Care 9,41%
    Communication Services 8,05%
    Consumer Staples 6,87%
    Materials 4,96%
    Real Estate 2,99%
    Utilities 0,99%
    Energy 0,81%

    Geographical Weights

    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.

    The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with SSgA and any related financial products.

    It has come to our attention that the performance prior to February 2016 was quoted incorrectly for this Fund. For full details and corrected historical figures, please view the Notice of Performance Correction.

    MARKETING COMMUNICATION          

                                                                                                

    FOR PROFESSIONAL INVESTORS USE ONLY.

     

    SSGA SPDR ETFS MAY NOT BE AVAILABLE OR SUITABLE FOR ALL. SPDR ETFs may be offered and sold only in those jurisdictions where authorised, in compliance with applicable regulations.

     

    Investing involves risk including the risk of loss of principal.

     

    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.

     

    Standard & Poor’s, S&P and SPDR are registered trademarks of Standard & Poor’s Financial Services LLC(S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

     

    The information provided does not constitute investment advice as such term is defined under the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell any investment. It does not take into account any investor's or potential investor’s particular investment objectives, strategies, tax status, risk appetite or investment horizon. If you require investment advice you should consult your tax and financial or other professional advisor.

     

    The information contained in this communication is not a research recommendation or ‘investment research’ and is classified as a ‘Marketing Communication’ in accordance with the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation. This means that this marketing communication (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research (b) is not subject to any prohibition on dealing ahead of the dissemination of investment research.

     

    All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed.  There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.

     

    EUROPEAN SPDR ETFs

     

    This content has been issued by State Street Global Advisors Europe Limited (“SSGAEL”), regulated by the Central Bank of Ireland. Registered office address 78 Sir John Rogerson’s Quay, Dublin 2. Registered number 49934. T: +353 (0)1 776 3000. Fax: +353 (0)1 776 3300.

     

    SPDR ETFs is the exchange traded funds ("ETF") platform of State Street Global Advisors and is comprised of funds that have been authorised by Central Bank of Ireland as open-ended UCITS investment companies.

     

    SSGA SPDR ETFs Europe I & SPDR ETFs Europe II plc issue SPDR ETFs, and is an open-ended investment company with variable capital having segregated liability between its sub-funds. The Company is organized as an Undertaking for Collective Investments in Transferable Securities (UCITS) under the laws of Ireland and authorized as a UCITS by the Central Bank of Ireland.

     

    Please refer to the Fund’s latest Key Information Document (KID) and Prospectus before making any final investment decision. The latest English version of the prospectus and the KID can be found at www.ssga.com. A summary of investor rights can be found here: https://www.ssga.com/library-content/products/fund-docs/summary-of-investor-rights/ssga-spdr-investors-rights-summary.pdf

     

    Note that the Management Company may decide to terminate the arrangements made for marketing and proceed with de-notification in compliance with Article 93a of Directive 2009/65/EC

     

    The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.

     

    4955184.1.2.EMEA.INST

     

    Exp: 31.01.2024

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