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State Street Global All Cap Equity ex-U.S. Index - Class A SSGHX

Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalizations.

Derivative investments may involve risks such as potential illiquidity of the markets and additional risk of loss of principal.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

International markets entail different risks than those typically associated with domestic markets, including foreign currency fluctuation, political and economic instability, accounting changes and foreign taxation. These risks can be increased when investing in emerging markets securities.

Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions.

The Fund's investments are subject to changes in general economic conditions, general market fluctuations and the risks inherent in investment in securities markets. Investment markets can be volatile and prices of investments can change substantially due to various factors including, but not limited to, economic growth or recession, changes in interest rates, changes in the actual or perceived creditworthiness of issuers, and general market liquidity. The Fund is subject to the risk that geopolitical events will disrupt securities markets and adversely affect global economies and markets. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, or other events could have a significant impact on the Fund and its investments.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$94.50
as of Sep 28 2023
Total Net Assets
$12.59 M
as of Sep 28 2023
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.678%
Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until April 30, 2024, separately with respect to each of the Fund and the Portfolio, (i) to waive up to the full amount of the advisory fee payable by the Fund or the Portfolio, and/or (ii) to reimburse the Fund/Portfolio to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, interest, taxes, extraordinary expenses, acquired fund fees, with respect to the Fund, any class-specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees, and, with respect to the Portfolio, distribution, shareholder servicing and sub-transfer agency fees) exceed 0.015% of the Fund's and 0.08% of the Portfolio's average daily net assets on an annual basis (for avoidance of doubt, the waiver and/or reimbursement is inclusive of the allocation of expenses from the Portfolio). This waiver and/or reimbursement may not be terminated prior to April 30, 2024 except with approval of the Fund's/Portfolio's Board of Trustees.

0.515%
1 Day Nav Change
+$0.23 (+0.24%)

Key Features

The State Street Global All Cap Equity ex-US Index Fund (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a broad-based index of world (ex-U.S.) equity markets over the long term.

About this Benchmark

The MSCI ACWI ex USA Investable Market Index (IMI) captures large, mid and small cap representation across 22 of 23 Developed Markets (DM) countries (excluding the United States) and 24 Emerging Markets (EM) countries.  DM Countries include: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the UK. EM countries include: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. The index covers approximately 99% of the global equity opportunity set outside the US.

Fund Information as of Sep 29 2023

Benchmark MSCI ACWI ex USA Investable Market Index
Inception Date Sep 17 2014
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.678%
Net Expense Ratio

The Fund's investment adviser, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”), is contractually obligated until April 30, 2024, separately with respect to each of the Fund and the Portfolio, (i) to waive up to the full amount of the advisory fee payable by the Fund or the Portfolio, and/or (ii) to reimburse the Fund/Portfolio to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, interest, taxes, extraordinary expenses, acquired fund fees, with respect to the Fund, any class-specific expenses, such as distribution, shareholder servicing, sub-transfer agency and administration fees, and, with respect to the Portfolio, distribution, shareholder servicing and sub-transfer agency fees) exceed 0.015% of the Fund's and 0.08% of the Portfolio's average daily net assets on an annual basis (for avoidance of doubt, the waiver and/or reimbursement is inclusive of the allocation of expenses from the Portfolio). This waiver and/or reimbursement may not be terminated prior to April 30, 2024 except with approval of the Fund's/Portfolio's Board of Trustees.

0.515%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annually

Listing Information as of Sep 29 2023

Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Sep 17 2014 USD SSGHX 85749T822

Fund Characteristics as of Aug 31 2023

Dividend Yield 3.06%
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

10.13%
Number of Holdings 6,243
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

1.65
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

13.06
Weighted Average Market Cap $73,910.63 M

Yields as of Sep 28 2023

30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

1.77%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

1.59%

Fund Net Asset Value as of Sep 28 2023

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$94.50
Shares Outstanding 133,214
Total Net Assets $12.59 M

Fund Performance

  • Fund Inception Date: Sep 17 2014

as of Aug 31 2023

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 17 2014
Fund at NAV Aug 31 2023 -4.36% -0.64% 8.62% 11.73% 3.64% 3.01% - 2.79%
Fund at POP Aug 31 2023 -9.39% -5.85% 2.91% 5.87% 1.80% 1.91% - 2.17%
Benchmark
MSCI ACWI ex USA Investable Market Index

Index Change: “Benchmark” reflects linked performance returns of both the MSCI ACWI ex USA Investable Market Index and the MSCI ACWI ex USA Index. The index returns are reflective of the MSCI ACWI ex USA Index from fund inception until 10/09/2019 and of the MSCI ACWI ex USA Investable Market Index effective 10/09/2019 to present.

Aug 31 2023 -4.28% -0.25% 8.83% 11.62% 4.10% 3.45% - 3.25%

as of Jun 30 2023

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 17 2014
Fund at NAV Jun 30 2023 4.59% 2.38% 9.32% 12.32% 6.85% 3.16% - 2.92%
Fund at POP Jun 30 2023 -0.89% -2.99% 3.57% 6.43% 4.95% 2.06% - 2.29%
Benchmark
MSCI ACWI ex USA Investable Market Index

Index Change: “Benchmark” reflects linked performance returns of both the MSCI ACWI ex USA Investable Market Index and the MSCI ACWI ex USA Index. The index returns are reflective of the MSCI ACWI ex USA Index from fund inception until 10/09/2019 and of the MSCI ACWI ex USA Investable Market Index effective 10/09/2019 to present.

Jun 30 2023 4.34% 2.38% 9.10% 12.47% 7.33% 3.55% - 3.35%

Performance quoted represents past performance, which is no guarantee of future results.  Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.  Current performance may be higher or lower than that quoted. All results are historical and assume the reinvestment of dividends and capital gains. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Index Change: “Benchmark” reflects linked performance returns of both the MSCI ACWI ex USA Investable Market Index and the MSCI ACWI ex USA Index. The index returns are reflective of the MSCI ACWI ex USA Index from fund inception until 10/09/2019 and of the MSCI ACWI ex USA Investable Market Index effective 10/09/2019 to present.

Gross Expense Ratio: 0.678%

Net Expense Ratio: 0.515%

Top Holdings

Subject to change.

Fund Top Holdings as of Aug 31 2023

Name Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 1.48%
Nestle S.A. 1.12%
Novo Nordisk A/S Class B 1.05%
Tencent Holdings Ltd. 0.97%
ASML Holding NV 0.92%
Samsung Electronics Co. Ltd. 0.84%
LVMH Moet Hennessy Louis Vuitton SE 0.82%
AstraZeneca PLC 0.73%
Novartis AG 0.73%
Roche Holding Ltd Dividend Right Cert. 0.72%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Aug 31 2023

Sector Weight
Financials 19.36%
Industrials 14.27%
Consumer Discretionary 12.04%
Information Technology 11.70%
Health Care 9.29%
Materials 8.31%
Consumer Staples 8.24%
Energy 5.46%
Communication Services 5.25%
Utilities 3.12%
Real Estate 2.95%
Unassigned 0.02%

Geographical Breakdown

Purchase Information

Minimum Investments

Initial $2,000.00

Initial AIP $100.00

Additional AIP $100.00

Brokerage Availability

SSGA Funds are available through most major broker/dealer and supermarket platforms. If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.

To Purchase by wire

You may make initial or subsequent investments by wiring federal funds to State Street, by:

1. Telephoning the Customer Service Department at 1-800-647-7327 between 8:00 a.m. and 4:00 p.m., Eastern Time, and stating: (a) your account registration number, address and social security or tax identification number, (b) the name of the fund in which the investment is to be made and the account number, and (c) the exact amount being wired.

2. Instructing the wiring bank to wire federal funds to:

State Street Bank and Trust Co.

Boston, MA 02110

ABA# 0110-0002-8

DDA# 9904-631-0

Attn: SSGA (State Street Global All Cap Equity ex-US Index Fund - Class A)

Account Number and Registration

Dollar Amount per Account (if one wire is to cover more than one purchase)

Correspondence Information

SSGA Funds

1 Iron Street

Boston, MA 02210

1-800-647-7327

Public Offering Price (POP) - POP is equal to a Fund's Net Asset Value plus sales charges, if any. As with the Net Asset Value, the public offering price (POP) will typically change on a day to day basis. The Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) is 5.25% for Equity Funds, 3.75% for Fixed Income Funds and 4.50% for Target Retirement Funds.

Unless otherwise noted all information contained herein is that of the State Street Global All Cap Equity ex-US Index Fund - Class A

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based.  The Prospectus contains a more detailed description of the limited relationship MSCI has with SSGA Funds Management, Inc and any related funds.

Index Change: “Benchmark” reflects linked performance returns of both the MSCI ACWI ex USA Investable Market Index and the MSCI ACWI ex USA Index. The index returns are reflective of the MSCI ACWI ex USA Index from fund inception until 10/09/2019 and of the MSCI ACWI ex USA Investable Market Index effective 10/09/2019 to present.

Prior to 10/9/2019, the State Street Global All Cap Equity ex-US Index Fund - Class A was known as the State Street Global Equity ex-US Index Fund - Class A.