Fee Reduction: On July 1, 2024, the management cost for the SPDR^® S&P^® Emerging Markets Carbon Control Fund has been reduced to 0.35% p.a. from 0.65% p.a., making it amongst the most cost-effective ETF offering in its respective peer group.

SPDR® S&P® Emerging Markets Carbon Control Fund WEMG

Overview Performance Holdings Distributions Documents Purchase Information More Insights

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $25.90

as of 19 Dec 2024

Base Currency

AUD

1 Day Nav Change

- AUD $0.06 (-0.24%)

as of 19 Dec 2024

Assets Under Management

AUD $22.69 M

as of 19 Dec 2024

Management Costs

0.35% p.a.

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Key Features

Diversification - Low-cost access to a range of companies across emerging markets in Europe, Asia and America — including Brazil, India, China and South Africa.
Less Carbon - Utilising carbon data from leading provider, S&P Global Trucost, to greatly reduce average carbon intensity.
Potential Capital Growth - Positioned for long-term capital appreciation as emerging economies and companies grow.
ESG Screened - Screens out companies that derive material revenue from objectionable practices, industries or product lines, as well as those with relatively poor ESG ratings.
Australian Domiciled - Registered and regulated in Australia (US Tax Forms, such as a W-8BEN Form, are not required from investors).

Fund Objective

The SPDR^® S&P^® Emerging Market Carbon Control Fund seeks to closely track, before fees and expenses, the returns of the S&P Emerging LargeMidCap Carbon Control Index (AUD).

About this Benchmark

The S&P Emerging LargeMidCap Carbon Control index (AUD) is designed to measure the performance of S&P Global ESG Score-screened companies within the S&P Emerging LargeMidCap Index and weighted to minimize carbon intensity in the portfolio. The index is designed to support investors seeking to reduce their exposure to carbon intensity measured by weighted average carbon intensity.

Fund Information as of 22 Dec 2024

Ticker Symbol	WEMG
Benchmark	S&P Emerging LargeMidCap Carbon Control Index (AUD)
Inception Date	11 Nov 2013
Management Costs	0.35% p.a.
Base Currency	AUD
Countries of Registration	Australia
Domicile	Australia
Regulatory Structure	Registered Managed Investment Scheme
Replication Method	Optimised
Investment Manager	State Street Global Advisors, Australia, Limited ABN 42 003 914 225
Responsible Entity	State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
Distribution Frequency	Annually

Research Ratings

Ratings Information
Lonsec Investment Grade Index (Oct 2023)
Zenith Recommended (Oct 2024)

To request a copy of the Research House Ratings Reports for our funds, please click here.

Disclaimer

Lonsec
Ratings are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.

Zenith
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned SPDR® S&P® Emerging Markets Carbon Control Fund: October 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines. (https://www.zenithpartners.com.au/our-solutions/investment-research/regulatory-guidelines/)

Listing Information as of 22 Dec 2024

Primary Exchange	ASX Quotation Date	Trading Currency	ASX Stock Code	Bloomberg Ticker	ISIN
Australian Securities Exchange	11 Nov 2013	AUD	WEMG	WEMG AU	AU00000WEMG6

Fund Characteristics as of 20 Dec 2024

Weighted Average Market Cap	AUD $132,266.17 M
Est. 3-5 Year EPS Growth Est. 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 estimates.	13.48%
Dividend Yield Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage. Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.	2.61%
Price/Earnings Price/Earnings The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.	14.40
Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.	13.36
Price/Cash Flow Price/Cash Flow The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.	7.07
Return on Equity Return on Equity The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.	15.45%
Total Market Capitalisation	AUD $11,321,942.00 M
Number of Holdings	1,070

Index Characteristics as of 20 Dec 2024

Weighted Average Market Cap	AUD $132,711.16 M
Est. 3-5 Year EPS Growth Est. 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 estimates.	13.38%
Dividend Yield Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage. Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.	2.59%
Price/Earnings Price/Earnings The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.	14.45
Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.	13.41
Price/Cash Flow Price/Cash Flow The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.	7.15
Return on Equity Return on Equity The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.	15.61%
Total Market Capitalisation	AUD $11,348,875.00 M

Fund Net Asset Value as of 19 Dec 2024

NAV NAV Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.	AUD $25.90
Assets Under Management	AUD $22.69 M
Units on Issue	876,214

Most Recent NAV / NAV History

Fund Performance

Fund Inception Date: 11 Nov 2013

as of 30 Nov 2024

	As Of	1 Month	3 Month	YTD	1 Year	3 Year (p.a.)	5 Year (p.a.)	7 Year (p.a.)	10 Year (p.a.)	Since Inception (p.a.) 11 Nov 2013
Fund Distribution Return	30 Nov 2024	0.00%	0.00%	2.50%	2.52%	2.53%	2.52%	2.54%	2.37%	2.25%
Fund Growth Return	30 Nov 2024	-1.86%	6.95%	15.72%	16.38%	0.40%	1.59%	2.36%	3.63%	4.63%
Fund Total Return	30 Nov 2024	-1.86%	6.95%	18.22%	18.90%	2.93%	4.10%	4.90%	6.00%	6.88%
Benchmark S&P Emerging LargeMidCap Carbon Control Index (AUD) Index Change: "Benchmark" reflects linked performance returns of both the S&P Emerging Markets LargeMidCap AUD Index and the S&P Emerging LargeMidCap Carbon Control Index (AUD). The index returns are reflective of the S&P Emerging Markets LargeMidCap AUD Index from fund inception until 01/31/2022 and of the S&P Emerging LargeMidCap Carbon Control Index (AUD) effective 01/31/2022 to present.	30 Nov 2024	-1.82%	7.23%	19.24%	20.09%	4.07%	5.15%	5.61%	6.91%	7.79%

Past Performance is not a reliable indicator of future performance. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends (net of withholding tax) and other income.

All SPDR ETFs, aside from the SPDR^® S&P 500^® ETF Trust and the SPDR^® S&P^®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

Index Change: "Benchmark" reflects linked performance returns of both the S&P Emerging Markets LargeMidCap AUD Index and the S&P Emerging LargeMidCap Carbon Control Index (AUD). The index returns are reflective of the S&P Emerging Markets LargeMidCap AUD Index from fund inception until 01/31/2022 and of the S&P Emerging LargeMidCap Carbon Control Index (AUD) effective 01/31/2022 to present.

Fund History as of 30 Nov 2024

Growth of $10,000: SPDR® S&P® Emerging Markets Carbon Control Fund

Fund Inception Date: 11 Nov 2013

Currency: AUD

Top Holdings

Subject to change.

as of 20 Dec 2024

Fund Top 10 Holdings as of 20 Dec 2024

Name	Weight
Taiwan Semiconductor Manufacturing	7.74%
Alibaba Group Holding (P Chip)	2.65%
Hdfc Bank	1.80%
Meituan Dianping (P Chip)	1.67%
Netease (P Chip)	1.36%
Infosys	1.21%
China Construction Bank (H)	1.16%
MediaTek	0.92%
JD.com (P Chip)	0.92%
Saudi Telecom Co	0.84%

Download All Holdings: Daily

Index Top 10 Holdings as of 20 Dec 2024

Name	Weight
Taiwan Semiconductor Manufacturing	7.79%
Alibaba Group Holding (P Chip)	2.65%
Hdfc Bank	1.84%
Meituan Dianping (P Chip)	1.67%
Netease (P Chip)	1.36%
Icici Bank	1.28%
Infosys	1.21%
China Construction Bank (H)	1.17%
JD.com (P Chip)	0.92%
Saudi Telecom Co	0.84%

Sector Allocation

as of 20 Dec 2024

Fund Sector Breakdown as of 20 Dec 2024

Sector	Weights
Financials	30.08%
Information Technology	21.33%
Consumer Discretionary	15.04%
Communication Services	8.15%
Industrials	6.49%
Consumer Staples	4.71%
Materials	4.54%
Health Care	4.22%
Utilities	2.83%
Real Estate	2.38%
Energy	0.19%
Unassigned	0.03%

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Index Sector Breakdown as of 20 Dec 2024

Sector	Weights
Financials	29.94%
Information Technology	21.41%
Consumer Discretionary	14.88%
Communication Services	8.19%
Industrials	6.65%
Consumer Staples	4.72%
Materials	4.62%
Health Care	4.28%
Utilities	2.73%
Real Estate	2.39%
Energy	0.19%

Fund Geographical Weights as of 20 Dec 2024

Name	Weight
Name	Weight
China	34.82%
India	20.96%
Taiwan	19.51%
South Africa	3.34%
Brazil	3.20%
Saudi Arabia	2.94%
Malaysia	2.23%
Mexico	2.09%
Thailand	1.61%
Indonesia	1.45%
UAE	1.41%
Poland	1.28%
Turkey	1.27%
Qatar	0.70%
Greece	0.64%
Kuwait	0.61%
Philippines	0.50%
Chile	0.49%
Peru	0.35%
Hungary	0.25%
Colombia	0.18%
Czech Republic	0.08%
Egypt	0.07%

Distribution History as of 28 Jun 2024

Ex- Date	Record Date	Payment Date	Dollars Per Unit Distribution The amount distributed per unit.	Foreign Tax Credits Foreign tax credits per unit.	DRP Price DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.
27 Jun 2024	28 Jun 2024	12 Jul 2024	0.495392	0.079367	22.9137
29 Jun 2023	30 Jun 2023	12 Jul 2023	0.558496	0.077077	21.3906
29 Jun 2022	30 Jun 2022	12 Jul 2022	0.586966	0.065598	21.042
29 Jun 2021	30 Jun 2021	12 Jul 2021	0.532424	0.072133	25.5567
29 Jun 2020	30 Jun 2020	10 Jul 2020	0.569644	0.066519	20.7634
27 Jun 2019	28 Jun 2019	11 Jul 2019	0.558260	0.077753	22.5135
28 Jun 2018	29 Jun 2018	11 Jul 2018	0.509473	0.056825	20.54
29 Jun 2017	30 Jun 2017	11 Jul 2017	0.274102	0.040945	18.8672
29 Jun 2016	30 Jun 2016	11 Jul 2016	0.378775	0.045352	16.2273
26 Jun 2015	30 Jun 2015	09 Jul 2015	0.322892	0.029086	18.3513
26 Jun 2014	30 Jun 2014	09 Jul 2014	0.139844	0.015753	15.7342

The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.

Documents

Fund Documents

Forms

Information & Schedules

Related Literature

Purchase Information

SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR fund, please consult your stock broker or financial adviser.

Risk associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

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.

Investments in emerging or developing markets may be more volatile and less liquid than investing in developed markets and may involve exposure to economic structures that are generally less diverse and mature and to political systems which have less stability than those of more developed countries.

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.

Investments in mid-sized companies may involve greater risks than in those of larger, better known companies, but may be less volatile than investments in smaller companies.

The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.

SPDR® S&P® Emerging Markets Carbon Control Fund WEMG

Key Features

Fund Objective

About this Benchmark

Fund Information as of 22 Dec 2024

Research Ratings

Listing Information as of 22 Dec 2024

Fund Characteristics as of 20 Dec 2024

Index Characteristics as of 20 Dec 2024

Fund Net Asset Value as of 19 Dec 2024

Fund Performance

Fund History as of 30 Nov 2024

Top Holdings ﻿﻿Subject to change.

Fund Top 10 Holdings as of 20 Dec 2024

Index Top 10 Holdings as of 20 Dec 2024

Sector Allocation

Fund Sector Breakdown as of 20 Dec 2024

Index Sector Breakdown as of 20 Dec 2024

Fund Geographical Weights as of 20 Dec 2024

Distribution History as of 28 Jun 2024

Documents

Purchase Information

Top Holdings

Subject to change.