SPDR® Refinitiv Global Convertible Bond EUR Hdg UCITS ETF (Acc) SPF1 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

€38,90

as of 26 Nov 2020

Share Class Currency

EUR

1 Day Nav Change

+€0,05 (+0,13%)

as of 26 Nov 2020

Total Fund Assets (millions)

$1 360,83 M

TER

0,55%


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 Monthly Hedged (EUR) index represents the performance achieved when hedging the currency exposure of its parent index, the Refinitiv Qualified Global Convertible Index, to EUR. The index is 100% hedged to EUR by selling forwards of all the currencies in the parent index at each monthly rebalance based on the anticipated exposure to each currency following the rebalance. 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 26 Nov 2020

Fund Information as of 26 Nov 2020
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
IE00BDT6FP91 INSPF1E 23 May 2018 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom Monthly EUR Accumulation
ISIN IE00BDT6FP91
iNAV Ticker

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

INSPF1E
Inception Date 23 May 2018
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Currency Hedging Monthly
Share Class Currency EUR
Income Treatment Accumulation
Settlement Cycle Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant
Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3 DD+1 0,55% Refinitiv Qualified Global Convertible Monthly Hedged (EUR) Index 1 Share EUR Yes
Settlement Cycle Redemption Settlement Cycle, DD+3; Subscription Settlement Cycle, DD+3
Trading Cycle DD+1
TER 0,55%
Benchmark Refinitiv Qualified Global Convertible Monthly Hedged (EUR) Index
Minimum Investment 1 Share
Trading Currency EUR
UCITS Compliant Yes
Domicile Investment Manager Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible
Ireland State Street Global Advisors Limited SSGA SPDR ETFs Europe II plc Stratified Sampling - No Yes
Domicile Ireland
Investment Manager State Street Global Advisors Limited
Fund Umbrella SSGA SPDR ETFs Europe II plc
Replication Method Stratified Sampling
Distribution Frequency -
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 26 Nov 2020

Listing and Ticker Information as of 26 Nov 2020

Exchange Deutsche Börse (Primary)
Trading Currency EUR
Listing Date 24 May 2018
Exchange Ticker SPF1
SEDOL Code BFMN6B4
Bloomberg Code SPF1 GY
Reuters Code SPF1.DE
Exchange Borsa Italiana
Trading Currency EUR
Listing Date 25 May 2018
Exchange Ticker GCVE
SEDOL Code BFMN6C5
Bloomberg Code GCVE IM
Reuters Code GCVE.MI
Exchange SIX Swiss Exchange
Trading Currency EUR
Listing Date 18 Jul 2018
Exchange Ticker GCVE
SEDOL Code BDT6FP9
Bloomberg Code GCVE SE
Reuters Code GCVE.S
Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 24 May 2018 SPF1 BFMN6B4 SPF1 GY SPF1.DE
Borsa Italiana EUR 25 May 2018 GCVE BFMN6C5 GCVE IM GCVE.MI
SIX Swiss Exchange EUR 18 Jul 2018 GCVE BDT6FP9 GCVE SE GCVE.S

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 Oct 2020

Fund Characteristics as of 31 Oct 2020
Current Yield Number of Holdings Yield to Maturity Average Maturity in Years Average Price
0,73% 270 -10,27% 3,89 $236,66
Current Yield 0,73%
Number of Holdings 270
Yield to Maturity -10,27%
Average Maturity in Years 3,89
Average Price $236,66

Fund Market Price as of 26 Nov 2020

Fund Market Price as of 26 Nov 2020
Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
€38,88 €39,04 €38,96 €0,15 €39,03 €38,85 €39,03
Bid Price €38,88
Offer Price €39,04
Closing Price €38,96
Bid/Offer Spread €0,15
Day High €39,03
Day Low €38,85
52 Week High €39,03
52 Week Low
€24,90
52 Week Low €24,90

Fund Net Asset Value as of 26 Nov 2020

Fund Net Asset Value as of 26 Nov 2020
NAV Share Class Assets (millions) Shares in Issue Total Fund Assets (millions)
€38,90 €384,54 M 9 886 317 $1 360,83 M
NAV €38,90
Share Class Assets (millions) €384,54 M
Shares in Issue 9 886 317
Total Fund Assets (millions) $1 360,83 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.


Fund Performance

Fund Performance

  • Fund Inception Date: 23 May 2018
  • Index Inception Date: 31 Dec 2017

as of 31 Oct 2020

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
23 May 2018
Fund Net 31 Oct 2020 -0,57% 3,31% 15,77% 20,61% - - 19,34%
Difference 31 Oct 2020 -0,04% -0,05% 0,00% -0,04% - - -0,65%
Fund Gross 31 Oct 2020 -0,53% 3,45% 16,30% 21,28% - - 20,95%
Difference 31 Oct 2020 0,00% 0,09% 0,53% 0,62% - - 0,95%
Index
Refinitiv Qualified Global Convertible Monthly Hedged (EUR) Index
31 Oct 2020 -0,53% 3,36% 15,77% 20,65% - - 19,99%

as of 31 Oct 2020

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
23 May 2018
Fund Net 31 Oct 2020 -0,57% 3,31% 15,77% 20,61% - - 7,51%
Difference 31 Oct 2020 -0,04% -0,05% 0,00% -0,04% - - -0,24%
Fund Gross 31 Oct 2020 -0,53% 3,45% 16,30% 21,28% - - 8,10%
Difference 31 Oct 2020 0,00% 0,09% 0,53% 0,62% - - 0,35%
Index
Refinitiv Qualified Global Convertible Monthly Hedged (EUR) Index
31 Oct 2020 -0,53% 3,36% 15,77% 20,65% - - 7,75%

as of 31 Oct 2020

2020 (YTD) 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Net 15,77% 11,45% -7,51% - - - - - - - -
Difference 0,00% -0,26% -0,29% - - - - - - - -
Fund Gross 16,30% 12,07% -7,20% - - - - - - - -
Difference 0,53% 0,36% 0,02% - - - - - - - -
Index
Refinitiv Qualified Global Convertible Monthly Hedged (EUR) Index
15,77% 11,71% -7,22% - - - - - - - -

Performance Gross and Net of All Fees.

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

Past performance is not a guarantee of future results.

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 EUR Hdg UCITS ETF (Acc).


Top Holdings

Top Holdings
Fund Top Holdingsas of 31 Oct 2020

Fund Top Holdings as of 31 Oct 2020

Security Name Weight
SEA LTD 1 12/01/2024 1,76%
TESLA INC 2 05/15/2024 1,69%
ELECTRICITE DE FRANCE SA 0 09/14/2024 1,49%
SOUTHWEST AIRLINES CO 1.25 05/01/2025 1,40%
DISH NETWORK CORP 3.375 08/15/2026 1,22%
ATLASSIAN INC 0.625 05/01/2023 1,19%
MERCADOLIBRE INC 2 08/15/2028 1,19%
SNAP INC 0.75 08/01/2026 1,13%
TESLA INC 1.25 03/01/2021 1,10%
SIKA AG 0.15 06/05/2025 1,06%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 31 Oct 2020

Fund Sector Allocation as of 31 Oct 2020

Sector Weight
Information Technology 26,25%
Consumer Discretionary 18,17%
Industrials 9,10%
Materials 6,16%
Real Estate 5,48%
Utilities 3,69%
Financials 2,74%
Energy 1,27%
Consumer Staples 1,23%
Cash 1,02%
Other 24,87%

Geographical Weights

Geographical Weights

Fund Maturity Ladderas of 31 Oct 2020

Fund Maturity Ladder
as of 31 Oct 2020
0 - 1 Year 8,86%
1 - 2 Years 10,60%
2 - 3 Years 17,96%
3 - 5 Years 42,96%
5 - 7 Years 13,75%
7 - 10 Years 3,90%
10 - 15 Years 0,22%
15 - 20 Years 0,98%
20 - 30 Years 0,78%

Fund Quality Breakdownas of 31 Oct 2020

Fund Quality Breakdown
as of 31 Oct 2020
AAA 1,01%
A 5,04%
BBB 7,69%
BB 7,33%
B 0,22%
CCC 1,81%
NR 76,90%

Fund Footnote

Performance Gross and Net of All Fees.

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

Past performance is not a guarantee of future results.

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 EUR Hdg UCITS ETF (Acc).