State Street Global All Cap Equity ex-U.S. Index - Class K SSGLX

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
$94.12
as of Dec 06 2022
Total Net Assets
$1,180.60 M
as of Dec 06 2022
Gross Expense Ratio
0.23%
Net Expense Ratio
0.065%
1 Day Nav Change
-$0.63 (-0.66%)

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 Dec 07 2022

Benchmark MSCI ACWI ex USA Investable Market Index
Inception Date Sep 17 2014
Options Available No
Gross Expense Ratio
0.23%
Net Expense Ratio
0.065%
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 Dec 07 2022

Exchange Listing Date Trading Currency Ticker CUSIP
NASDAQ REGULAR MARKET Sep 17 2014 USD SSGLX 85749T848

Fund Characteristics as of Nov 30 2022

Dividend Yield 3.19%
Est. 3-5 Year EPS Growth
13.79%
Number of Holdings 6,281
Price/Book Ratio
1.60
Price/Earnings Ratio FY1
11.72
Weighted Average Market Cap $67,427.35 M

Yields as of Dec 06 2022

30 Day SEC Yield
3.04%
30 Day SEC Yield (Unsubsidized)
2.90%

Fund Net Asset Value as of Dec 06 2022

NAV
$94.12
Shares Outstanding 12.54 M
Total Net Assets $1,180.60 M

Fund Performance

  • Fund Inception Date: Sep 17 2014

as of Oct 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 17 2014
Fund at NAV Oct 31 2022 3.53% 3.53% -24.56% -25.06% -1.51% -0.48% - 1.16%
MSCI ACWI ex USA Investable Market Index Oct 31 2022 3.03% 3.03% -24.71% -25.17% -1.44% -0.46% - 1.24%

as of Sep 30 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Sep 17 2014
Fund at NAV Sep 30 2022 -10.14% -10.18% -27.13% -25.66% -1.52% -0.79% - 0.74%
MSCI ACWI ex USA Investable Market Index Sep 30 2022 -10.14% -9.69% -26.92% -25.72% -1.31% -0.69% - 0.87%

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.

Prior to 10/09/2019, the Fund sought to track the MSCI ACWI ex USA Index. Effective 10/09/2019, the Fund seeks to track the MSCI ACWI ex USA Investable Market Index. The inception of the MSCI ACWI ex USA Investable Market Index was 06/05/2007. Performance of the Fund shown in the table prior to 10/09/2019 is therefore based on the Fund's investment strategy to track an index different from the MSCI ACWI ex USA Investable Market Index.

Gross Expense Ratio: 0.23%

Net Expense Ratio: 0.065%


Top Holdings

Fund Top Holdings as of Nov 30 2022

Name Weight
Taiwan Semiconductor Manufacturing Co. Ltd. 1.44%
Nestle S.A. 1.22%
ASML Holding NV 0.86%
Tencent Holdings Ltd. 0.85%
Roche Holding Ltd Dividend Right Cert. 0.83%
Samsung Electronics Co. Ltd. 0.83%
Shell Plc 0.79%
LVMH Moet Hennessy Louis Vuitton SE 0.77%
AstraZeneca PLC 0.76%
Novo Nordisk A/S Class B 0.74%
Download All Holdings: Monthly

Sector Allocation

Fund Sector Allocation as of Nov 30 2022

Sector Weight
Financials 19.31%
Industrials 13.38%
Consumer Discretionary 11.34%
Information Technology 11.25%
Health Care 9.29%
Materials 8.79%
Consumer Staples 8.52%
Energy 6.01%
Communication Services 5.42%
Utilities 3.34%
Real Estate 3.31%
Unassigned 0.03%

Geographical Breakdown


Purchase Information


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, as Transfer Agent 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 K)

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


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

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.

*The MSCI ACWI ex USA Investable Market Index 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 10/9/2019 and of the MSCI ACWI ex USA Investable Market Index effective 10/9/2019.

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