Skip to main content

SPDR® Bloomberg Global Aggregate Bond EUR Hdg UCITS ETF (Acc) SPFF GY

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.

Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates raise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.

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
€30,01
as of 05 Jun 2023
Share Class Currency
EUR
1 Day Nav Change
-€0,05 (-0,15%)
as of 05 Jun 2023
Total Fund Assets USD
$2 754,18 M
as of 05 Jun 2023
TER
0,10%

Fund Objective

The objective of the Fund is to track the performance of global markets for investment grade (high quality) fixed-rate debt securities.

Index Description

The Bloomberg Global Aggregate Bond Index (EUR Hedged) represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the Bloomberg Global Aggregate Bond Index, to EUR. The index is 100% hedged to the EUR by selling the forwards of all the currencies in the parent index at the one-month Forward rate. The parent index is composed of government, government-related and corporate bonds, as well as asset-backed, mortgage-backed and commercial mortgage-backed securities from both developed and emerging markets issuers.

Fund Information as of 06 Jun 2023

ISIN IE000AQ7A2X6
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

INSPFF
Inception Date 09 Jan 2023
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+3; Subscription Settlement Cycle, DD+3
Trading Cycle DD+1
TER 0,10%
Benchmark Bloomberg Global Aggregate Bond Index (EUR hedged)
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

State Street Global Advisors Trust Company

Fund Umbrella SSGA SPDR ETFs Europe I plc
Replication Method Stratified Sampling
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 06 Jun 2023

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 10 Jan 2023 SPFF BP830K5 SPFF GY SPFFG.DE

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 05 Jun 2023

Current Yield 2,46%
Effective Convexity 0,83%
Effective Duration 6,75
Number of Holdings 8 905
Yield to Maturity 3,70%
Average Maturity in Years 8,55
Average Price $91,55

Fund Market Price as of 05 Jun 2023

Bid Price €30,02
Offer Price €30,07
Closing Price €30,04
Bid/Offer Spread €0,05
Day High -
Day Low -
52 Week High €30,51
52 Week Low €29,42

Fund Net Asset Value as of 05 Jun 2023

NAV €30,01
Share Class Assets €10,48 M
Shares in Issue 349 097
Total Fund Assets USD $2 754,18 M

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.

Top Holdings

Fund Top Holdings as of 05 Jun 2023

Security Name Weight
TREASURY BILL 0 08/10/2023 0,46%
US TREASURY N/B 3.625 12/31/2029 0,44%
TREASURY BILL 0 07/11/2023 0,25%
JAPAN (10 YEAR ISSUE) 0.2 09/20/2032 0,24%
JAPAN (10 YEAR ISSUE) 0.2 06/20/2032 0,24%
JAPAN (10 YEAR ISSUE) 0.1 12/20/2029 0,23%
JAPAN (5 YEAR ISSUE) 0.005 06/20/2027 0,23%
Fannie Mae 2 05/01/2051 0,22%
JAPAN (5 YEAR ISSUE) 0.1 09/20/2027 0,22%
BUNDESSCHATZANWEISUNGEN 2.5 03/13/2025 0,21%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 05 Jun 2023

Sector Weight
Treasury 54,31%
Mortgage Backed Securities 12,17%
Corporate - Industrial 9,16%
Corporate - Finance 6,85%
Agency 6,06%
Non Corporates 5,48%
Corporate - Utility 1,43%
Cash 1,38%
CMBS 0,66%
Asset Backed Securities 0,05%
Other 2,45%

Geographical Weights

Maturity Ladder

Fund Maturity Ladder as of 05 Jun 2023

Maturity Weight
0 - 1 Year 2,15%
1 - 2 Years 11,72%
2 - 3 Years 9,90%
3 - 5 Years 18,03%
5 - 7 Years 13,98%
7 - 10 Years 19,71%
10 - 15 Years 8,10%
15 - 20 Years 6,03%
20 - 30 Years 8,91%
> 30 Years 1,48%

Quality Breakdown

Fund Quality Breakdown as of 05 Jun 2023

Quality Weight
AAA 41,95%
AA1 1,89%
AA2 4,93%
AA3 6,02%
A1 22,94%
A2 2,68%
A3 5,53%
BAA1 3,91%
BAA2 7,67%
BAA3 2,48%

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.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is affiliated with State Street, and neither approves, endorses, reviews or recommends SPDR Bloomberg Barclays Global Aggregate Bond EUR Hdg UCITS ETF. Neither Bloomberg nor Barclays guarantees the timeliness, accurateness or completeness of any data or information relating to Bloomberg Barclays Global Aggregate Bond Index (EUR Hedged), and neither shall be liable in any way to the State Street, investors in SPDR Bloomberg Barclays Global Aggregate Bond EUR Hdg UCITS ETF or other third parties in respect of the use or accuracy of the Bloomberg Barclays Global Aggregate Bond Index (EUR Hedged) or any data included therein.