SPDR® Bloomberg SASB U.S. Corporate ESG EUR Hdg UCITS ETF USCE NA

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
€25,05
as of 05 Dec 2022
Share Class Currency
EUR
1 Day Nav Change
-€0,18 (-0,73%)
as of 05 Dec 2022
Total Fund Assets USD
$6 624,31 M
as of 05 Dec 2022
TER
0,20%

Fund Objective


The objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which generally reflects the return of the Bloomberg SASB U.S. Corporate ESG Ex-Controversies Select Index.


Index Description


The Bloomberg SASB US Corporate ESG Ex-Controversies Select 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 SASB US Corporate ESG Ex-Controversies Select Index, to EUR. The index is 100% hedged to the EUR by selling forward the currency of the parent index at the one-month Forward rate.


Fund Information as of 06 Dec 2022

ISIN IE00BFY0GV36
iNAV Ticker
INUSCE
Inception Date 11 Jun 2021
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
TER 0,20%
Benchmark Bloomberg SASB US Corporate ESG Ex-Controversies Select Index (EUR Hedged)
Minimum Investment 1 Share
Trading Currency EUR
UCITS Compliant Yes
SFDR Fund Classification SFDR - Article 8
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 Dec 2022

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Euronext Amsterdam (Primary) EUR 14 Jun 2021 USCE BMCD8H3 USCE NA USCE.AS
Borsa Italiana EUR 15 Jun 2021 USCE BMCD8K6 USCE IM USCE.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 05 Dec 2022

Current Yield 4,10%
Effective Convexity 1,04%
Effective Duration 7,30
Number of Holdings 2 734
Yield to Maturity 5,19%
Average Maturity in Years 11,09
Average Price $91,91

Fund Market Price as of 05 Dec 2022

Bid Price €24,84
Offer Price €25,42
Closing Price €25,30
Bid/Offer Spread €0,58
Day High -
Day Low -
52 Week High €27,82
52 Week Low €23,26

Fund Net Asset Value as of 05 Dec 2022

NAV €25,05
Share Class Assets €249,60 M
Shares in Issue 9 965 205
Total Fund Assets USD $6 624,31 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: 11 Jun 2021
  • Index Inception Date: 11 Jun 2021

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
11 Jun 2021
Fund Net 31 Oct 2022 -1,23% -9,97% -21,36% -21,55% - - - -21,10%
Difference 31 Oct 2022 0,04% 0,00% 0,02% -0,02% - - - 0,00%
Fund Gross 31 Oct 2022 -1,22% -9,93% -21,23% -21,40% - - - -20,88%
Difference 31 Oct 2022 0,06% 0,05% 0,15% 0,14% - - - 0,22%
Index
31 Oct 2022 -1,27% -9,98% -21,37% -21,53% - - - -21,10%

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year 10 Year Since Inception
11 Jun 2021
Fund Net 31 Oct 2022 -1,23% -9,97% -21,36% -21,55% - - - -15,69%
Difference 31 Oct 2022 0,04% 0,00% 0,02% -0,02% - - - 0,00%
Fund Gross 31 Oct 2022 -1,22% -9,93% -21,23% -21,40% - - - -15,52%
Difference 31 Oct 2022 0,06% 0,05% 0,15% 0,14% - - - 0,17%
Index
31 Oct 2022 -1,27% -9,98% -21,37% -21,53% - - - -15,69%

as of 31 Oct 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net -21,36% 0,33% - - - - - - - - -
Difference 0,02% -0,02% - - - - - - - - -
Fund Gross -21,23% 0,44% - - - - - - - - -
Difference 0,15% 0,09% - - - - - - - - -
Index
-21,37% 0,35% - - - - - - - - -

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.


Top Holdings

Fund Top Holdings as of 05 Dec 2022

Security Name Weight
DEUTSCHE TELEKOM INT FIN 8.75 06/15/2030 0,81%
CISCO SYSTEMS INC 5.5 01/15/2040 0,60%
CISCO SYSTEMS INC 5.9 02/15/2039 0,56%
NOVARTIS CAPITAL CORP 3.4 05/06/2024 0,52%
BRITISH TELECOMMUNICATIO 9.625 12/15/2030 0,49%
NOVARTIS CAPITAL CORP 3 11/20/2025 0,41%
TELEFONICA EMISIONES SAU 5.213 03/08/2047 0,40%
TORONTO-DOMINION BANK 3.625 09/15/2031 0,37%
SALESFORCE INC 3.7 04/11/2028 0,37%
LLOYDS BANKING GROUP PLC 4.65 03/24/2026 0,33%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 05 Dec 2022

Sector Weight
Corporate - Industrial 60,03%
Corporate - Finance 33,15%
Corporate - Utility 6,24%
Cash 0,58%

Geographical Weights


Maturity Ladder

Fund Maturity Ladder as of 05 Dec 2022

Maturity Weight
0 - 1 Year 0,67%
1 - 2 Years 8,95%
2 - 3 Years 10,90%
3 - 5 Years 18,05%
5 - 7 Years 9,35%
7 - 10 Years 15,76%
10 - 15 Years 5,14%
15 - 20 Years 9,33%
20 - 30 Years 19,00%
> 30 Years 2,84%

Quality Breakdown

Fund Quality Breakdown as of 05 Dec 2022

Quality Weight
AAA 2,17%
A1 17,25%
AA1 3,31%
A2 13,90%
AA2 0,62%
A3 12,82%
AA3 4,15%
BAA1 19,06%
BAA2 21,14%
BAA3 5,56%
Not Rated 0,03%

Performance of the fund is not shown as the inception date of the fund is less than 12 months.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

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®" and all Bloomberg Indices are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg") and have been licensed for use for certain purposes by State Street Bank and Trust Company, through its State Street Global Advisors division ("SSGA"). Bloomberg is not affiliated with SSGA, and Bloomberg does not approve, endorse, review, or recommend any SSGA product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to any SSGA product.