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    SPDR® Refinitiv Global Convertible Bond UCITS ETF (Dist) ZPRC GY

    Important Risk Disclosure

    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 USD (Official NAV)

    $42,40

    as of 15 Aug 2022

    Share Class Currency

    USD

    1 Day Nav Change

    +$0,06 (+0,13%)

    as of 15 Aug 2022

    Total Fund Assets

    $1 125,45 M

    as of 15 Aug 2022

    TER

    0,50%

    image load fail

    as of 31 Jul 2022

    Quick Links

    Fund Objective

    Fund Objective

    The objective of the Fund is to track the performance of the global convertible bond market.

    Index Description

    Index Description

    The Refinitiv Qualified Global Convertible Index is designed to provide a broad measure of the performance of the investable, global convertible bond market.

    Fund Information as of 16 Aug 2022

    Fund Information as of 16 Aug 2022
    ISIN iNAV Ticker

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

    		 Inception Date Countries of Registration Share Class Currency Income Treatment Settlement Cycle
    IE00BNH72088 INZPRCE 14 Oct 2014 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom USD Distribution Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3
    ISIN IE00BNH72088
    iNAV Ticker

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

    		 INZPRCE
    Inception Date 14 Oct 2014
    Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
    Share Class Currency USD
    Income Treatment Distribution
    Settlement Cycle Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3
    Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant Domicile
    DD+1 0,50% Refinitiv Qualified Global Convertible Index 1 Share EUR, USD, CHF, GBP Yes Ireland
    Trading Cycle DD+1
    TER 0,50%
    Benchmark Refinitiv Qualified Global Convertible Index
    Minimum Investment 1 Share
    Trading Currency EUR, USD, CHF, GBP
    UCITS Compliant Yes
    Domicile Ireland
    Investment Manager Sub-Investment Manager(s) Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible
    State Street Global Advisors Europe Limited

    State Street Global Advisors Limited

    State Street Global Advisors Trust Company

    		 SSGA SPDR ETFs Europe II plc Stratified Sampling Semi-Annually No Yes
    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 II plc
    Replication Method Stratified Sampling
    Distribution Frequency Semi-Annually
    PEA Eligible No
    ISA Eligible Yes
    SIPP Eligible UK Reporting Status Securities Lending
    Yes Yes No
    SIPP Eligible Yes
    UK Reporting Status Yes
    Securities Lending No

    Listing and Ticker Information as of 16 Aug 2022

    Listing and Ticker Information as of 16 Aug 2022

    Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
    Deutsche Börse (Primary) EUR 15 Oct 2014 ZPRC BRB2VR7 ZPRC GY ZPRC.DE
    London Stock Exchange USD 16 Oct 2014 GCVB BNH7208 GCVB LN GCVB.L
    Borsa Italiana EUR 23 Apr 2015 CONV BWDPL02 CONV IM CONV.MI
    SIX Swiss Exchange CHF 20 Aug 2015 GCVB BWK1TV0 GCVB SE GCVB.S
    London Stock Exchange GBP 24 May 2018 GLCB BDFD220 GLCB LN GLCB L

    INAV

    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
    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 31 Jul 2022

    Fund Characteristics as of 31 Jul 2022
    Current Yield Number of Holdings Yield to Maturity Average Maturity in Years Average Price
    0,73% 382 -1,24% 3,28 $104,54
    Current Yield 0,73%
    Number of Holdings 382
    Yield to Maturity -1,24%
    Average Maturity in Years 3,28
    Average Price $104,54

    Fund Market Price as of 15 Aug 2022

    Fund Market Price as of 15 Aug 2022
    Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
    €41,58 €41,82 €41,89 €0,25 €41,89 €41,46 €47,60
    Bid Price €41,58
    Offer Price €41,82
    Closing Price €41,89
    Bid/Offer Spread €0,25
    Day High €41,89
    Day Low €41,46
    52 Week High €47,60
    52 Week Low
    €37,12
    52 Week Low €37,12

    Fund Net Asset Value as of 15 Aug 2022

    Fund Net Asset Value as of 15 Aug 2022
    NAV USD (Official NAV) NAV CHF NAV EUR NAV GBP Share Class Assets Shares in Issue Total Fund Assets
    $42,40 CHF 40,02 €41,59 £35,10 $629,70 M 14 852 980 $1 125,45 M
    NAV USD (Official NAV) $42,40
    NAV CHF CHF 40,02
    NAV EUR €41,59
    NAV GBP £35,10
    Share Class Assets $629,70 M
    Shares in Issue 14 852 980
    Total Fund Assets $1 125,45 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.

    Yields as of 15 Aug 2022

    Yields as of 15 Aug 2022
    Distribution Yield

    This measures the 12 month historical dividend pay-out per share divided by the NAV.
    0,23%
    Distribution Yield

    This measures the 12 month historical dividend pay-out per share divided by the NAV.

    		 0,23%

    Fund Performance

    Fund Performance

    • Fund Inception Date: 14 Oct 2014
    • Index Inception Date: 03 Oct 2014
    Cumulative Annualised Calendar
    Month End

    as of 31 Jul 2022

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
    14 Oct 2014
    Fund Net 31 Jul 2022 3,75% -5,91% -18,33% -21,83% 13,88% 19,15% 41,53%
    Difference 31 Jul 2022 0,02% -0,14% -0,25% -0,38% -0,32% -1,33% -3,11%
    Fund Gross 31 Jul 2022 3,80% -5,79% -18,09% -21,44% 15,59% 22,16% 47,14%
    Difference 31 Jul 2022 0,06% -0,02% -0,01% 0,01% 1,40% 1,68% 2,49%
    Index
    Refinitiv Qualified Global Convertible Index
    		 31 Jul 2022 3,74% -5,78% -18,08% -21,45% 14,19% 20,48% 44,65%
    Month End

    as of 31 Jul 2022

    As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
    14 Oct 2014
    Fund Net 31 Jul 2022 3,75% -5,91% -18,33% -21,83% 4,43% 3,57% 4,56%
    Difference 31 Jul 2022 0,02% -0,14% -0,25% -0,38% -0,10% -0,23% -0,29%
    Fund Gross 31 Jul 2022 3,80% -5,79% -18,09% -21,44% 4,95% 4,08% 5,08%
    Difference 31 Jul 2022 0,06% -0,02% -0,01% 0,01% 0,43% 0,29% 0,23%
    Index
    Refinitiv Qualified Global Convertible Index
    		 31 Jul 2022 3,74% -5,78% -18,08% -21,45% 4,52% 3,80% 4,85%

    as of 31 Jul 2022

    2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    Fund Net -18,33% -3,14% 37,50% 13,52% -5,02% 12,06% 4,14% 0,48% 2,92% - -
    Difference -0,25% -0,31% 0,42% -0,17% -0,39% -0,56% -0,50% -0,19% -0,15% - -
    Fund Gross -18,09% -2,66% 38,19% 14,09% -4,54% 12,62% 4,66% 0,99% 3,03% - -
    Difference -0,01% 0,18% 1,11% 0,39% 0,09% 0,00% 0,03% 0,31% -0,04% - -
    Index
    Refinitiv Qualified Global Convertible Index
    		 -18,08% -2,84% 37,08% 13,69% -4,63% 12,62% 4,63% 0,68% 3,06% - -

    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.

    Previous to 29 May 2020, the Fund was known as SPDR® Thomson Reuters Global Convertible Bond UCITS ETF (Dist).

    Deviation & Tracking Error as of 31 Jul 2022

    Deviation & Tracking Error as of 31 Jul 2022

    Standard Deviation Tracking Error
    15,35% 0,21%
    Standard Deviation 15,35%
    Tracking Error 0,21%

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

    Top Holdings

    Top Holdings
    Fund Top Holdingsas of 31 Jul 2022

    Fund Top Holdings as of 31 Jul 2022

    Security Name Weight
    PALO ALTO NETWORKS 0.375 1,38%
    ELECTRICITE DE FRANCE SA 0 09/14/2024 1,38%
    PALO ALTO NETWORKS 0.75 07/01/2023 1,28%
    PIONEER NATURAL RESOURCE 0.25 05/15/2025 1,14%
    FORD MOTOR COMPANY 0 0,97%
    SOUTHWEST AIRLINES CO 1.25 05/01/2025 0,90%
    AMERICA MOVIL BV 0 03/02/2024 0,89%
    SIKA AG 0.15 06/05/2025 0,87%
    DISH NETWORK CORP 3.375 08/15/2026 0,87%
    SEA LTD 0.25 09/15/2026 0,85%
    Download All Holdings: Download Daily Holdings

    Sector Allocation

    Sector Allocation
    Fund Sector Allocationas of 31 Jul 2022

    Fund Sector Allocation as of 31 Jul 2022

    Sector Weight
    IT 31,40%
    Industrials 8,86%
    Pharmaceutical 7,67%
    Retail/Wholesale 6,83%
    Telecom 6,32%
    Services 5,78%
    Transport 5,03%
    Electronics 4,07%
    Leisure 3,82%
    Oil & Gas 2,97%
    Property 2,53%
    Steel/Metals 2,50%
    Utilities 2,49%
    Banking/Finance 2,47%
    Construction 1,46%
    Chemicals 1,35%
    Food & Drink 0,86%
    Media 0,71%
    Cash 0,70%
    Insurance 0,36%
    Other 1,83%

    Geographical Weights

    Geographical Weights

    Fund Maturity Ladderas of 31 Jul 2022

    Fund Maturity Ladder
    as of 31 Jul 2022
    Maturity Weight
    0 - 1 Year 9,19%
    1 - 2 Years 10,99%
    2 - 3 Years 26,03%
    3 - 5 Years 42,88%
    5 - 7 Years 9,50%
    7 - 10 Years 0,93%
    20 - 30 Years 0,48%

    Fund Quality Breakdownas of 31 Jul 2022

    Fund Quality Breakdown
    as of 31 Jul 2022
    Indicative Ratings* Weight
    AAA 1,07%
    AA+ 1,34%
    AA 0,72%
    AA- 1,03%
    A+ 4,10%
    A 6,54%
    A- 6,67%
    BBB+ 7,65%
    BBB 8,62%
    BBB- 6,83%
    BB+ 8,61%
    BB 4,48%
    BB- 9,81%
    B+ 9,52%
    B 11,64%
    B- 1,66%
    CCC 4,11%
    C 4,18%
    NR 1,42%

    *Source: State Street Global Advisors, FinAPU.

    FinAPU provides an independent risk assessment platform of issuers based on real time available fundamental information allowing to evaluate issuers and instruments using data from Refinitiv and Fitch Solutions using proprietary risk and validated models. The indicative ratings are as of the date indicated, are subject to change, and should not be relied upon as current thereafter. For more Information,  please go to finapu.com.

    Fund Documents
    Information & Schedules

    Fund Footnote

    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 SPDR REFINITIV GLOBAL CONVERTIBLE BOND UCITS ETF (THE “PRODUCT”) IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY REFINITIV LIMITED OR ANY OF ITS SUBSIDIARIES OR AFFILIATES (“REFINITIV”). REFINITIV MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE OWNERS OF THE PRODUCT(S) OR ANY MEMBER OF THE PUBLIC REGARDING THE ADVISABILITY OF INVESTING IN SECURITIES GENERALLY OR IN THE PRODUCT(S) PARTICULARLY OR THE ABILITY OF THE REFINITIV QUALIFIED GLOBAL CONVERTIBLE INDEX (THE “INDEX”) TO TRACK GENERAL MARKET PERFORMANCE. REFINITIV’ ONLY RELATIONSHIP TO THE PRODUCT(S) AND STATE STREET GLOBAL ADVISORS (THE “LICENSEE”) IS THE LICENSING OF THE INDEX, WHICH IS DETERMINED, COMPOSED AND CALCULATED BY REFINITIV OR ITS LICENSORS WITHOUT REGARD TO THE LICENSEE OR THE PRODUCT(S). REFINITIV HAS NO OBLIGATION TO TAKE THE NEEDS OF THE LICENSEE OR THE OWNERS OF THE PRODUCT(S) INTO CONSIDERATION IN CONNECTION WITH THE FOREGOING. REFINITIV IS NOT RESPONSIBLE FOR AND HAS NOT PARTICIPATED IN THE DETERMINATION OF THE TIMING OF, PRICES AT, OR QUANTITIES OF THE PRODUCT(S) TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY WHICH THE PRODUCT(S) IS TO BE CONVERTED INTO CASH. REFINITIV HAS NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR TRADING OF THE PRODUCT(S).

    REFINITIV DOES NOT GUARANTEE THE QUALITY, ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN. REFINITIV MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER OR FOR ANY OTHER USE. REFINITIV MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL REFINITIV HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES OR LOST PROFITS, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

    Previous to 29 May 2020, the Fund was known as SPDR® Thomson Reuters Global Convertible Bond UCITS ETF (Dist).

    © 2022 Morningstar, Inc. All rights reserved. The information contained herein; (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. State Street does not review the Morningstar data.

    Important Risk Information:

     

    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.  Changes in exchange rates may have an adverse effect on the value, price or income of an investment.  Further there is no guarantee that an ETF will achieve its investment objective. SSGA SPDR ETFS MAY NOT BE AVAILABLE OR SUITABLE FOR YOU. THE VIEWS EXPRESSED/INFORMATION IN THIS SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL, LEGAL, REGULATORY, ACCOUNTING OR TAX ADVICE. INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE FUNDS OR ANY OTHER FINANCIAL INSTRUMENT. 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.

     

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    European SPDR ETFs

     

    SSGA SPDR ETFs Europe I Plc and SSGA SPDR ETFs Europe II Plc are investment companies with variable capital constituted as umbrella funds with segregated liability between sub-funds under the laws of Ireland and authorized by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011.


    Information related to Mexico

    This information does not constitute and is not intended to constitute marketing or an offer of securities and accordingly should not be construed as such. The Funds referenced herein have not been, and will not be, registered under the Mexican Securities Market Law (Ley del Mercado de Valores) and may not be publicly offered or sold in the United Mexican States. Disclosure documentation related to any of the aforementioned Funds may not be distributed publicly in Mexico and shares of the Funds may not be traded in Mexico.

     

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    US SPDR ETFs

     

    The US domiciled SPDR ETFs  named on this site are only permitted to be marketed into the relevant EEA jurisdiction pursuant to either Article 42 of AIFMD (as implemented under national laws of such member state); or (ii) can otherwise be lawfully offered or sold (including on the basis of an unsolicited request from a professional/Qualified investor). Some of the US domiciled SPDR ETFs mentioned in this site are alternative investment funds for the purpose of the European Union Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (“AIFMD”). SSGA Funds Management, Inc. and State Street Global Advisors Trust Company are the alternative investment fund managers (“AIFMs”) of these Funds.

     

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