The objective of the Fund is to track the U.S. equity market performance of certain high dividend-yielding equity securities.
The S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index represents a close estimation of the performance that can be achieved by hedging the currency exposure of its parent index, the S&P High Yield Dividend Aristocrats Index, to EUR. The index is 100% hedged to EUR on a monthly basis, by selling USD forward at one-month forward rates. The S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index includes a mechanism that aims to ensure that the index does not become over-hedged beyond 105%, or under-hedged below 95%, of the parent index currency exposure, whereby if either threshold is breached, an intra-month adjustment to the index is triggered to reset the hedge ratio to 100% after the close of the following business day.
ISIN | IE00B979GK47 |
iNAV Ticker
*These ticker codes are representative of the primary listing exchange. |
INSPPD |
Inception Date | 14 Jun 2019 |
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 | Distribution |
Settlement Cycle | Redemption Settlement Cycle, DD+1; Subscription Settlement Cycle, DD+1 |
Trading Cycle | DD |
TER | 0,40% |
Benchmark | S&P High Yield Dividend Aristocrats 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 Trust Company |
Fund Umbrella | SSGA SPDR ETFs Europe I plc |
Replication Method | Replicated |
Distribution Frequency | Quarterly |
PEA Eligible | No |
ISA Eligible | Yes |
SIPP Eligible | Yes |
UK Reporting Status | Yes |
Securities Lending | Yes |
Exchange | Trading Currency | Listing Date | Exchange Ticker | SEDOL Code | Bloomberg Code | Reuters Code |
---|---|---|---|---|---|---|
Deutsche Börse (Primary) | EUR | 17 Jun 2019 | SPPD | B979GX7 | SPPD GY | SPPD.DE |
Borsa Italiana | EUR | 20 Apr 2020 | USDE | BLDRDV6 | USDE IM | USDE.MI |
Estimated NAV per Unit at 4PM, Hong Kong as of | |
Estimated NAV per Unit 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.
Average Market Cap (M) | $87 717,04 M |
Number of Holdings | 133 |
Average Price/Book | 3,15 |
Price/Earnings Ratio FY1 | 19,55 |
Bid Price | €8,60 |
Offer Price | €8,61 |
Closing Price | €8,60 |
Bid/Offer Spread | €0,00 |
Day High | €8,63 |
Day Low | €8,60 |
52 Week High | €8,63 |
52 Week Low | €6,96 |
NAV | €8,67 |
Share Class Assets | €81,17 M |
Shares in Issue | 9 361 084 |
Total Fund Assets USD | $3 774,24 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.
Distribution Yield
This measures the 12 month historical dividend pay-out per share divided by the NAV. |
1,98% |
as of 31 Jul 2024
As Of | 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 14 Jun 2019 |
|
---|---|---|---|---|---|---|---|---|---|
Fund Net | 31 Jul 2024 | 5,85% | 6,05% | 7,94% | 6,25% | 2,66% | 5,85% | - | 5,96% |
Difference | 31 Jul 2024 | -0,04% | 0,02% | 0,05% | 0,11% | -0,02% | 0,26% | - | 0,24% |
Fund Gross | 31 Jul 2024 | 5,88% | 6,15% | 8,19% | 6,67% | 3,07% | 6,27% | - | 6,38% |
Difference | 31 Jul 2024 | -0,01% | 0,12% | 0,31% | 0,54% | 0,39% | 0,68% | - | 0,66% |
Index
S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index
|
31 Jul 2024 | 5,89% | 6,03% | 7,88% | 6,13% | 2,68% | 5,58% | - | 5,71% |
as of 31 Jul 2024
As Of | 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 14 Jun 2019 |
|
---|---|---|---|---|---|---|---|---|---|
Fund Net | 31 Jul 2024 | 5,85% | 6,05% | 7,94% | 6,25% | 8,20% | 32,87% | - | 34,56% |
Difference | 31 Jul 2024 | -0,04% | 0,02% | 0,05% | 0,11% | -0,06% | 1,63% | - | 1,58% |
Fund Gross | 31 Jul 2024 | 5,88% | 6,15% | 8,19% | 6,67% | 9,51% | 35,54% | - | 37,32% |
Difference | 31 Jul 2024 | -0,01% | 0,12% | 0,31% | 0,54% | 1,25% | 4,31% | - | 4,34% |
Index
S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index
|
31 Jul 2024 | 5,89% | 6,03% | 7,88% | 6,13% | 8,26% | 31,24% | - | 32,98% |
as of 31 Jul 2024
2024 (YTD) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund Net | 7,94% | -0,99% | -4,11% | 23,39% | -0,63% | 7,10% | - | - | - | - | - |
Difference | 0,05% | 0,04% | -0,14% | -0,04% | 1,25% | 0,01% | - | - | - | - | - |
Fund Gross | 8,19% | -0,60% | -3,72% | 23,88% | -0,23% | 7,31% | - | - | - | - | - |
Difference | 0,31% | 0,44% | 0,24% | 0,45% | 1,65% | 0,22% | - | - | - | - | - |
Index
S&P High Yield Dividend Aristocrats EUR Dynamic Hedged Index
|
7,88% | -1,03% | -3,97% | 23,43% | -1,88% | 7,09% | - | - | - | - | - |
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.
Standard Deviation | 16,25% |
Tracking Error | 0,14% |
This calculation is based on the past 3 years performance information.
Security Name | Weight |
---|---|
Realty Income Corporation | 2,79% |
Kenvue Inc. | 2,29% |
Xcel Energy Inc. | 1,85% |
International Business Machines Corporation | 1,82% |
Edison International | 1,80% |
AbbVie Inc. | 1,74% |
Chevron Corporation | 1,73% |
Medtronic Plc | 1,71% |
Consolidated Edison Inc. | 1,70% |
Southern Company | 1,68% |
Characteristics, 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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.
Capital Risk: Investing involves risk including the risk of loss of capital.
Past performance is not a reliable indicator of future performance.
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.