SPDR® ICE BofA 0-5 Year EM USD Government Bond EUR Hdg UCITS ETF (Acc) ZPR6 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
€26,96
as of 24 Nov 2022
Share Class Currency
EUR
1 Day Nav Change
+€0,02 (+0,06%)
as of 24 Nov 2022
Total Fund Assets USD
$211,61 M
as of 24 Nov 2022
TER
0,47%
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as of 31 Oct 2022

Fund Objective


The investment objective of the Fund is to track the performance of the short maturity (0-5 year) USD-issued emerging market government bond market


Index Description


The ICE BofA 0-5 Year EM USD Government Bond ex-144a EUR Dynamic Hedged Index tracks the performance of US dollar-denominated emerging markets government debt publicly issued in the US domestic market.


Fund Information as of 26 Nov 2022

ISIN IE00BJL36X53
iNAV Ticker
INZPR6
Inception Date 14 Jun 2019
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+3; Subscription Settlement Cycle, DD+3
Trading Cycle DD
TER 0,47%
Benchmark ICE BofA 0-5 Year EM USD Government Bond ex-144a EUR Dynamic Hedged 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

State Street Global Advisors Singapore Limited

State Street Global Advisors Trust Company

Fund Umbrella SSGA SPDR ETFs Europe II 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 26 Nov 2022

Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 17 Jun 2019 ZPR6 BJL36X5 ZPR6 GY ZPR6.DE
Borsa Italiana EUR 18 Jun 2019 EMHE BJRDKT3 EMHE IM SPEMHE.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 24 Nov 2022

Current Yield 4,36%
Effective Convexity 0,08%
Effective Duration 2,26
Number of Holdings 234
Yield to Maturity 6,73%
Average Maturity in Years 2,51
Average Price $95,80

Fund Market Price as of 24 Nov 2022

Bid Price €27,10
Offer Price €27,24
Closing Price €27,17
Bid/Offer Spread €0,14
Day High €27,24
Day Low €27,10
52 Week High €29,93
52 Week Low €26,31

Fund Net Asset Value as of 24 Nov 2022

NAV €26,96
Share Class Assets €83,11 M
Shares in Issue 3 082 704
Total Fund Assets USD $211,61 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: 14 Jun 2019
  • Index Inception Date: 03 Aug 2015

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
14 Jun 2019
Fund Net 31 Oct 2022 0,18% -2,20% -10,56% -11,51% -10,83% - -11,39%
Difference 31 Oct 2022 0,00% -0,07% 1,23% 1,16% -0,15% - -0,31%
Fund Gross 31 Oct 2022 0,22% -2,08% -10,21% -11,10% -9,57% - -9,98%
Difference 31 Oct 2022 0,04% 0,05% 1,58% 1,58% 1,11% - 1,10%
Index
31 Oct 2022 0,18% -2,13% -11,79% -12,67% -10,68% -10,59% -11,08%

as of 31 Oct 2022

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
14 Jun 2019
Fund Net 31 Oct 2022 0,18% -2,20% -10,56% -11,51% -3,75% - -3,51%
Difference 31 Oct 2022 0,00% -0,07% 1,23% 1,16% -0,05% - -0,10%
Fund Gross 31 Oct 2022 0,22% -2,08% -10,21% -11,10% -3,30% - -3,06%
Difference 31 Oct 2022 0,04% 0,05% 1,58% 1,58% 0,40% - 0,35%
Index
31 Oct 2022 0,18% -2,13% -11,79% -12,67% -3,70% -2,21% -3,41%

as of 31 Oct 2022

2022 (YTD) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund Net -10,56% -1,29% 0,86% -0,50% - - - - - - -
Difference 1,23% -0,54% -0,98% -0,22% - - - - - - -
Fund Gross -10,21% -0,83% 1,34% -0,24% - - - - - - -
Difference 1,58% -0,08% -0,50% 0,03% - - - - - - -
Index
-11,79% -0,75% 1,84% -0,28% -2,28% 2,35% 3,43% - - - -

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 29 May 2020, the Fund was known as SPDR® ICE BofAML 0-5 Year EM USD Government Bond EUR Hdg UCITS ETF (Acc).


Deviation & Tracking Error as of 31 Oct 2022

Standard Deviation 5,37%
Tracking Error 1,11%

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


Top Holdings

Fund Top Holdings as of 24 Nov 2022

Security Name Weight
SAUDI INTERNATIONAL BOND 3.25 10/26/2026 1,60%
FED REPUBLIC OF BRAZIL 4.25 01/07/2025 1,44%
SAUDI INTERNATIONAL BOND 4 04/17/2025 1,37%
KUWAIT INTL BOND 3.5 03/20/2027 1,30%
KSA SUKUK LTD 3.628 04/20/2027 1,24%
OMAN GOV INTERNTL BOND 4.75 06/15/2026 1,23%
STATE OF QATAR 3.25 06/02/2026 1,22%
CHINA GOVT INTL BOND 0.55 10/21/2025 1,17%
ABU DHABI GOVT INT'L 3.125 10/11/2027 1,15%
REPUBLIC OF TURKEY 7.375 02/05/2025 1,12%
Download All Holdings: Download Daily Holdings

Sector Allocation

Fund Sector Allocation as of 24 Nov 2022

Sector Weight
Non Corporates 99,71%
Cash 0,29%

Geographical Weights


Maturity Ladder

Fund Maturity Ladder as of 24 Nov 2022

Maturity Weight
0 - 1 Year 16,27%
1 - 2 Years 19,24%
2 - 3 Years 24,52%
3 - 5 Years 39,87%
5 - 7 Years 0,10%

Quality Breakdown

Fund Quality Breakdown as of 24 Nov 2022

Quality Weight
Quality Weight
A- 0,77%
AAA 0,73%
A1 8,46%
AA1 0,48%
A2 7,63%
AA2 14,65%
A3 1,66%
AA3 5,51%
B1 4,47%
B2 8,57%
B3 7,22%
BA1 4,30%
BA2 0,97%
BA3 11,61%
BAA1 1,03%
BAA2 18,26%
BAA3 2,24%
CAA1 0,96%
CAA2 0,46%

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.

Source: ICE Data Indices, LLC (“ICE Data Indices”) and its indices may not be reproduced or used for any other purpose. ICE Data Indices’ data is provided "AS IS". ICE Data Indices, its affiliates and its third party suppliers provide no warranties, has not prepared or approved this report, has no liability, and does not endorse SSGA or guarantee, review, or endorse its products. For the full copy of the disclaimer please refer to the Fund supplement.

Previous to 29 May 2020, the Fund was known as SPDR® ICE BofAML 0-5 Year EM USD Government Bond EUR Hdg UCITS ETF (Acc).

Previous to 29 May 2020, this Fund's Benchmark was the ICE BofAML 0-5 Year EM USD Government Bond ex-144a EUR Dynamic Hedged Index.

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