State Street EUR Liquidity Standard VNAV Fund - Z Shares IE00BHWQMY24

NAV

NAV

Net asset value (NAV) is the value per share of a mutual fund on at a specific date and time. The per-share dollar amount of the fund is based on the total value of all the securities in its portfolio, any liabilities the fund has and the number of fund shares outstanding.

€994.1926

as of 17 Sep 2020

Net Assets

€462,974,614

as of 17 Sep 2020

WAM

WAM

WAM (Weighted Average Maturity) is a measure of a fund's sensitivity to interest rate movements utilizing the interest-rate reset date and not a security's stated final maturity.

67

WAL

WAL

WAL (Weighted Average Life) is a measure of a fund's sensitivity to credit spreads or liquidity conditions utilizing a security's stated final maturity date or the date of the next demand feature. WAL does not reflect changes in the interest rate reset date.

81

as of 17 Sep 2020

Daily Factor

Daily Factor

A decimal representing the portion of an annual yield earned in one day.

-

Yield

-

-

-

1 Day 7 Day 30 Day
Net Performance

-0.04%

-0.44%

as of 31 Aug 2020

1 MONTH 1 YEAR
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Fund Objective

Fund Objective

The objective of the Fund is to provide a return in excess of Euro money market rates, preserve capital and maintain a reasonable level of liquidity.


Fund Information as of 20 Sep 2020

Fund Information as of 20 Sep 2020
ISIN Ticker Symbol Currency Benchmark Investment Manager Structure
IE00BHWQMY24 SSGEUZS ID EUR 7 Day EURIBOR State Street Global Advisors Limited OEIC - UCITS
ISIN IE00BHWQMY24
Ticker Symbol SSGEUZS ID
Currency EUR
Benchmark 7 Day EURIBOR
Investment Manager State Street Global Advisors Limited
Structure OEIC - UCITS
Domicile Regulator Inception Date S&P Fund Rating* Dealing Frequency Total Expense Ratio
Ireland CBI 25 Jul 2014 AA-f Daily 0.05%
Domicile Ireland
Regulator CBI
Inception Date 25 Jul 2014
S&P Fund Rating* AA-f
Dealing Frequency Daily
Total Expense Ratio 0.05%
Min. initial investment Trading Deadline Settlement
€500,000 DD 02:00PM Irish time T+1
Min. initial investment €500,000
Trading Deadline DD 02:00PM Irish time
Settlement T+1

*All portfolio information provided is as of the date referenced, unless otherwise noted, and is subject to change. Ratings by S&P and Fitch apply to the credit quality of a portfolio and are not a recommendation to buy, sell or hold securities of a fund, are subject to change, and do not remove market risks associated with investments in the fund. For complete information on the methodology and definitions used by each rating agency, please visit the following websites. S&P- http://www.standardandpoors.com/ratings/funds-mmf/en/us, Fitch- www.fitchratings.com


Historical NAV

Historical NAV

The Historical Net Asset Value ("NAV") chart displays the Floating NAV of the fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by any Government agency. None of the State Street Corporation, State Street Bank and Trust Company, State Street Global Advisors, SSGA Funds Management, Ltd. or their affiliates ("State Street Entities") guarantee the value of your investment.


Current Net Fund Performance

Current Net Fund Performance

  • Fund Inception Date: 25 Jul 2014
  • Index Inception Date: 25 Jul 2014

as of 31 Aug 2020

As Of Net Assets(€MM) 1 Month 3 Month YTD 1 Year 2019 3 Year 5 Year 10 Year Since Inception
25 Jul 2014
Fund 31 Aug 2020 €496.32 -0.04% -0.08% -0.29% -0.44% -0.28% -0.34% -0.18% 0.31% 0.85%
Index 31 Aug 2020 - -0.05% -0.13% -0.35% -0.51% -0.40% -0.40% -0.33% 0.12% 0.62%

Source: State Street Global Services / SSGA Ltd, Bloomberg - 31 August 2020

"3 Year" yield figures are shown for the three year period as of the previous year end.

All returns are net of fee.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

On the 18th February 2019 the NAV value was converted to €1000.0000 per unit. This allows the full negative income movement to be captured in the price, providing additional transparency and accuracy, as well as resulting in a smoother movement in the unit price. The conversion factor used was 1:1000.

The change in NAV value per unit does not change the value of the account as there is no difference in value under these two methods.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.


Historical Fund Net Performance

Historical Fund Net Performance

Date Net Assets(€MM) 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
25 Jul 2014
31 Aug 2020 €496.32 -0.04% -0.08% -0.29% -0.44% -0.34% -0.18% 0.31% 0.85%
31 Jul 2020 €672.98 -0.03% -0.05% -0.25% -0.42% -0.33% -0.17% 0.34% 0.86%
30 Jun 2020 €732.07 -0.01% 0.02% -0.22% -0.41% -0.32% -0.16% 0.37% 0.87%
31 May 2020 €725.95 0.00% -0.14% -0.21% -0.41% -0.32% -0.17% 0.37% 0.87%
30 Apr 2020 €713.61 0.03% -0.18% -0.21% -0.44% -0.33% -0.17% 0.36% 0.88%
31 Mar 2020 €714.59 -0.17% -0.24% -0.24% -0.48% -0.33% -0.16% 0.37% 0.88%
29 Feb 2020 €315.54 -0.04% -0.11% -0.07% -0.33% -0.28% -0.13% 0.40% 0.90%
31 Jan 2020 €311.03 -0.03% -0.11% -0.03% -0.30% -0.27% -0.11% 0.42% 0.91%

No data available.

Source: State Street Global Services / SSGA Ltd - 31 August 2020

All returns are net of fee.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

Unless otherwise noted all information contained herein is that of the SSgA EUR Ultra Short Bond Fund.


Liquid Assets

Liquid Assets

View: Daily Weekly

Daily Liquid Assets are defined as cash, direct obligations of the Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, or proceeds of pending sales of portfolio securities due within one business day.

Weekly Liquid Assets are defined as cash, direct obligations of the Government, certain securities issued by entities acting as an instrumentality of (and controlled or supervised by) the Government. Securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days, or proceeds of pending sales of portfolio securities due within five business days.


Net Inflows/Outflows

Net Inflows/Outflows

The Daily Net Inflows/Outflows chart is designed to show the variability of the Fund's daily cash flows. The net inflows or outflows of the Fund are calculated by taking the daily total new Fund share purchases (including exchanges made into the Fund) and subtracting the daily total Fund share redemptions (including exchanges made out of the Fund). The existence of any daily inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

The Monthly Net Inflows/Outflows chart is designed to show the variability of the Fund's monthly cash flows. The net inflows or outflows of the Fund are calculated by taking the monthly total new Fund share purchases (including exchanges made into the Fund) and subtracting the monthly total Fund share redemptions (including exchanges made out of the Fund). The existence of any monthly inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.


Maturity Distributionsas of 31 Aug 2020

Maturity Distributions
as of 31 Aug 2020
Sector Weight
<30 Days 45.55%
31-90 Days 16.63%
91-180 Days 27.43%
181 Days - 1 Year 9.90%
1-2 Years 0.49%
2-3 Years 0.00%
3-4 Years 0.00%
4-5 Years 0.00%
5+ Years 0.00%

Fund Sector Allocationas of 31 Aug 2020

Fund Sector Allocation
as of 31 Aug 2020
Sector Weight
Commercial Paper 38.02%
Corporate and Bank Notes 13.38%
Certificates of Deposit 12.10%
Asset Backed Commercial Paper 11.48%
Time Deposits 8.55%
Government Agency 8.06%
Money Market Fund 4.39%
Collateralised Commercial Paper 2.02%
Government Bill 2.02%

Credit Quality Distributionas of 31 Aug 2020

Credit Quality Distribution
as of 31 Aug 2020
Sector Weight
A-1 56.14%
A-1+ 19.04%
A 5.21%
A-2 5.04%
A+ 4.85%
AAAm 4.39%
AA- 2.02%
AA+ 2.02%
AA 0.81%
BBB+ 0.49%
A- 0.00%
AAA 0.00%

Minimum Investment

Minimum Investment as of 20 Sep 2020
Min. initial investment Subsequent
€500,000 €5,000
Min. initial investment €500,000
Subsequent €5,000

Payment Details

Payment Details as of 20 Sep 2020
Currency Beneficiary Bank Beneficiary Account Name Beneficiary BIC Beneficiary Account Number IBAN
EUR Bank of America N.A., Frankfurt State Street Global Advisors Liquidity plc. BOFADEFX 19923018 DE14500109000019923018
Currency EUR
Beneficiary Bank Bank of America N.A., Frankfurt
Beneficiary Account Name State Street Global Advisors Liquidity plc.
Beneficiary BIC BOFADEFX
Beneficiary Account Number 19923018
IBAN DE14500109000019923018

Dealing Procedures

Dealing Procedures

Deals may be placed by telephone, by fax or online through a portal. If dealing by fax, please ensure the appropriate dealing form is used for the share class.

Dealing Team

To place a trade call +353 1 853 8281 or send fax to +353 1 523 3704.

Stock Transfers

If you wish to carry out a stock transfer between any of your accounts, please contact us online or call +44 (0)20 3395 2333 for the procedure outlining the required original documentation.

Queries

For all queries relating to trade instructions, distributions, contract notes, statements and payments contact us online or call +44 (0)20 3395 2333.


Payment Instructions

Payment Instructions

Please ensure monies are transferred by CHAPS, SWIFT or Federal Wire transfer to the appropriate account on settlement date before the cut-off times specified. Redemption proceeds will be paid to the respective currency account as per instructions on the account opening form, unless advised otherwise in writing by an authorised signatory.

Trading Deadline Subscription Settlement Cut-Off Redemption Receipt Settlement
DD 02:00PM Irish time MT202 (pre-advised): EUR 3.30pm Irish Time
MT103 (pre-advised): EUR 3.30pm Irish Time
MT202 (pre-advised): EUR 3.30pm Irish Time
MT103 (pre-advised): EUR 3.30pm Irish Time
Trading Deadline DD 02:00PM Irish time
Subscription Settlement Cut-Off MT202 (pre-advised): EUR 3.30pm Irish Time
MT103 (pre-advised): EUR 3.30pm Irish Time
Redemption Receipt Settlement MT202 (pre-advised): EUR 3.30pm Irish Time
MT103 (pre-advised): EUR 3.30pm Irish Time

Fund Footnotes

All returns are net of fee.

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

Unless otherwise noted all information contained herein is that of the SSgA EUR Ultra Short Bond Fund.