SPDR® MSCI Japan EUR Hdg UCITS ETF ZPDW GY

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
€46,17
as of 29 Nov 2022
Share Class Currency
EUR
1 Day Nav Change
-€0,26 (-0,55%)
as of 29 Nov 2022
Total Fund Assets JPY
JPY ¥39 294,60 M
as of 29 Nov 2022
TER
0,17%

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 Nov 2022

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, 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 Nov 2022

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 Nov 2022

Average Market Cap (M) JPY ¥4 798 851,50 M
Number of Holdings 237
Average Price/Book 1,25
Price/Earnings Ratio FY1 12,83

Fund Market Price as of 29 Nov 2022

Bid Price €45,94
Offer Price €46,01
Closing Price €45,97
Bid/Offer Spread €0,07
Day High -
Day Low -
52 Week High €47,37
52 Week Low €40,03

Fund Net Asset Value as of 29 Nov 2022

NAV €46,17
Share Class Assets €18,46 M
Shares in Issue 399 798
Total Fund Assets JPY JPY ¥39 294,60 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.


Fund Performance

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

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
30 Nov 2015
Fund Net 31 Oct 2022 5,64% 0,03% -2,89% -2,85% 21,13% 17,93% 29,50%
Difference 31 Oct 2022 -0,02% -0,08% -0,52% -0,59% -1,42% -2,36% -3,79%
Fund Gross 31 Oct 2022 5,65% 0,07% -2,75% -2,68% 21,80% 19,42% 32,02%
Difference 31 Oct 2022 0,00% -0,04% -0,38% -0,42% -0,74% -0,88% -1,27%
Index
31 Oct 2022 5,66% 0,11% -2,37% -2,26% 22,55% 20,29% 33,29%

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
30 Nov 2015
Fund Net 31 Oct 2022 5,64% 0,03% -2,89% -2,85% 6,60% 3,35% 3,81%
Difference 31 Oct 2022 -0,02% -0,08% -0,52% -0,59% -0,41% -0,41% -0,43%
Fund Gross 31 Oct 2022 5,65% 0,07% -2,75% -2,68% 6,79% 3,61% 4,10%
Difference 31 Oct 2022 0,00% -0,04% -0,38% -0,42% -0,22% -0,15% -0,14%
Index
31 Oct 2022 5,66% 0,11% -2,37% -2,26% 7,01% 3,76% 4,24%

as of 31 Oct 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net -2,89% 12,49% 7,49% 16,73% -16,15% 18,62% -2,95% -2,12% - - -
Difference -0,52% -0,28% -0,37% -0,99% 0,06% -0,56% -0,46% -0,04% - - -
Fund Gross -2,75% 12,68% 7,69% 17,14% -15,86% 19,04% -2,61% -2,09% - - -
Difference -0,38% -0,08% -0,17% -0,58% 0,35% -0,14% -0,12% -0,01% - - -
Index
-2,37% 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 31 Oct 2022

Standard Deviation 15,14%
Tracking Error 0,24%

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


Top Holdings

Fund Top Holdings as of 29 Nov 2022

Security Name Weight
Toyota Motor Corp. 4,90%
Sony Group Corporation 3,31%
Keyence Corporation 2,64%
Mitsubishi UFJ Financial Group Inc. 2,05%
Daiichi Sankyo Company Limited 1,82%
SoftBank Group Corp. 1,66%
HitachiLtd. 1,63%
Tokyo Electron Ltd. 1,54%
Shin-Etsu Chemical Co Ltd 1,51%
KDDI Corporation 1,51%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 29 Nov 2022

Sector Weight
Industrials 22,46%
Consumer Discretionary 18,32%
Information Technology 13,78%
Financials 10,67%
Health Care 10,08%
Communication Services 8,35%
Consumer Staples 6,67%
Materials 4,43%
Real Estate 3,43%
Utilities 0,97%
Energy 0,85%

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.

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.

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.