Special Notice for Funds With Russian Exposure: If market quotations, official closing prices, and/or information furnished by approved pricing sources are not readily available or are deemed unreliable for a portfolio instrument, then that instrument will be valued at fair value as determined in good faith in accordance with SSGA’s fair value pricing procedures.  Certain fund holdings have been fair valued at zero but may not yet be reflected as such in the fund holdings file. 


SPDR® Bloomberg Global Aggregate Bond GBP Hdg UCITS ETF (Dist) SPFB 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

£28,63

as of 01 Jul 2022

Share Class Currency

GBP

1 Day Nav Change

+£0,18 (+0,63%)

as of 01 Jul 2022

Total Fund Assets

$1 857,62 M

as of 01 Jul 2022

TER

0,10%

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as of 31 May 2022


Fund Objective

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

Index Description

The Bloomberg Global Aggregate Bond Index (GBP 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 GBP. The index is 100% hedged to the GBP 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 04 Jul 2022

Fund Information as of 04 Jul 2022
ISIN iNAV Ticker

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

Inception Date Countries of Registration Currency Hedging Share Class Currency Income Treatment
IE00BF1QPJ56 INSPFB 14 Feb 2018 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom Monthly GBP Distribution
ISIN IE00BF1QPJ56
iNAV Ticker

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

INSPFB
Inception Date 14 Feb 2018
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom
Currency Hedging Monthly
Share Class Currency GBP
Income Treatment Distribution
Settlement Cycle Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant
Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3 DD+1 0,10% Bloomberg Global Aggregate Bond Index (GBP hedged) 1 Share GBP Yes
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 (GBP hedged)
Minimum Investment 1 Share
Trading Currency GBP
UCITS Compliant Yes
Domicile Investment Manager Sub-Investment Manager(s) Fund Umbrella Replication Method Distribution Frequency PEA Eligible
Ireland State Street Global Advisors Europe Limited

State Street Global Advisors Limited

State Street Global Advisors Trust Company

SSGA SPDR ETFs Europe I plc Stratified Sampling Semi-Annually No
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 Semi-Annually
PEA Eligible No
ISA Eligible SIPP Eligible UK Reporting Status Securities Lending
Yes Yes Yes No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 04 Jul 2022

Listing and Ticker Information as of 04 Jul 2022

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) GBP 15 Feb 2018 SPFB BF2RVV1 SPFB GY SPFB.DE
London Stock Exchange GBP 16 Feb 2018 GLAB BF2RVX3 GLAB LN GLAB.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 01 Jul 2022

Fund Characteristics as of 01 Jul 2022
Effective Convexity Effective Duration Number of Holdings Yield to Maturity Average Maturity in Years Average Price
0,89% 7,00 6 815 2,77% 8,69 $96,03
Effective Convexity 0,89%
Effective Duration 7,00
Number of Holdings 6 815
Yield to Maturity 2,77%
Average Maturity in Years 8,69
Average Price $96,03

Fund Market Price as of 01 Jul 2022

Fund Market Price as of 01 Jul 2022
Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
- - - - - - -
Bid Price -
Offer Price -
Closing Price -
Bid/Offer Spread -
Day High -
Day Low -
52 Week High -
52 Week Low
-
52 Week Low -

Fund Net Asset Value as of 01 Jul 2022

Fund Net Asset Value as of 01 Jul 2022
NAV Share Class Assets Shares in Issue Total Fund Assets
£28,63 £24,93 M 870 651 $1 857,62 M
NAV £28,63
Share Class Assets £24,93 M
Shares in Issue 870 651
Total Fund Assets $1 857,62 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 01 Jul 2022

Yields as of 01 Jul 2022
Distribution Yield

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

1,32%
Distribution Yield

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

1,32%

Fund Performance

Fund Performance

  • Fund Inception Date: 14 Feb 2018
  • Index Inception Date: 30 Nov 2005

as of 31 May 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
14 Feb 2018
Fund Net 31 May 2022 -0,14% -5,10% -7,80% -7,39% -2,80% - 2,25%
Difference 31 May 2022 0,00% 0,00% 0,03% -0,05% -0,52% - -0,79%
Fund Gross 31 May 2022 -0,13% -5,07% -7,76% -7,30% -2,51% - 2,69%
Difference 31 May 2022 0,01% 0,03% 0,07% 0,05% -0,23% - -0,35%
Index
Bloomberg Global Aggregate Bond Index (GBP hedged)
31 May 2022 -0,14% -5,10% -7,83% -7,34% -2,28% 2,11% 3,04%

as of 31 May 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
14 Feb 2018
Fund Net 31 May 2022 -0,14% -5,10% -7,80% -7,39% -0,94% - 0,52%
Difference 31 May 2022 0,00% 0,00% 0,03% -0,05% -0,18% - -0,18%
Fund Gross 31 May 2022 -0,13% -5,07% -7,76% -7,30% -0,84% - 0,62%
Difference 31 May 2022 0,01% 0,03% 0,07% 0,05% -0,08% - -0,08%
Index
Bloomberg Global Aggregate Bond Index (GBP hedged)
31 May 2022 -0,14% -5,10% -7,83% -7,34% -0,76% 0,42% 0,70%

as of 31 May 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net -7,80% -1,65% 4,56% 6,26% 1,48% - - - - - -
Difference 0,03% -0,11% -0,40% -0,20% -0,12% - - - - - -
Fund Gross -7,76% -1,55% 4,67% 6,37% 1,57% - - - - - -
Difference 0,07% -0,01% -0,29% -0,09% -0,03% - - - - - -
Index
Bloomberg Global Aggregate Bond Index (GBP hedged)
-7,83% -1,54% 4,96% 6,46% 1,60% 1,93% 3,66% 1,39% 7,92% - -

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.

Previous to 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Global Aggregate Bond GBP Hdg UCITS ETF (Dist), tracking the Bloomberg Barclays Global Aggregate Bond Index (GBP hedged).


Deviation & Tracking Error as of 31 May 2022

Deviation & Tracking Error as of 31 May 2022

Standard Deviation Tracking Error
3,74% 0,12%
Standard Deviation 3,74%
Tracking Error 0,12%

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


Top Holdings

Top Holdings
Fund Top Holdingsas of 01 Jul 2022

Fund Top Holdings as of 01 Jul 2022

Security Name Weight
TREASURY BILL 0 07/14/2022 0,66%
TREASURY BILL 0 08/11/2022 0,53%
JAPAN (5 YEAR ISSUE) 0.1 09/20/2025 0,26%
JAPAN (5 YEAR ISSUE) 0.1 06/20/2025 0,26%
Fannie Mae 2 10/01/2050 0,23%
JAPAN (5 YEAR ISSUE) 0.1 03/20/2025 0,23%
JAPAN (10 YEAR ISSUE) 0.1 06/20/2030 0,22%
JAPAN (10 YEAR ISSUE) 0.1 12/20/2030 0,22%
CHINA DEVELOPMENT BANK 3.34 07/14/2025 0,21%
JAPAN (5 YEAR ISSUE) 0.005 12/20/2026 0,21%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 01 Jul 2022

Fund Sector Allocation as of 01 Jul 2022

Sector Weight
Treasury 54,35%
Mortgage Backed Securities 12,61%
Corporate - Industrial 9,16%
Corporate - Finance 6,87%
Agency 6,24%
Non Corporates 5,60%
Corporate - Utility 1,40%
CMBS 0,83%
Cash 0,44%
Asset Backed Securities 0,05%
Other 2,45%

Geographical Weights

Geographical Weights

Fund Maturity Ladderas of 01 Jul 2022

Fund Maturity Ladder
as of 01 Jul 2022
Maturity Weight
0 - 1 Year 1,67%
1 - 2 Years 10,43%
2 - 3 Years 10,95%
3 - 5 Years 18,84%
5 - 7 Years 14,67%
7 - 10 Years 19,97%
10 - 15 Years 6,67%
15 - 20 Years 5,47%
20 - 30 Years 9,79%
> 30 Years 1,54%

Fund Quality Breakdownas of 01 Jul 2022

Fund Quality Breakdown
as of 01 Jul 2022
Quality Weight
Aaa 40,09%
Aa 13,55%
A 31,02%
Baa 14,07%

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.

"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.

Previous to 1 February 2022, the Fund was known as SPDR Bloomberg Barclays Global Aggregate Bond GBP Hdg UCITS ETF (Dist), tracking the Bloomberg Barclays Global Aggregate Bond Index (GBP hedged).

© 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.