State Street EUR Liquidity LVNAV Fund - Institutional Shares IE0003411307

Overview Performance Liquidity Holdings Documents How to Buy More Insights

Trans NAV

Trans NAV

This amount is the net asset value per share ("NAV") of the Fund caluclated using amortized cost. The Fund transacts (trades) using this price.

€1.0000

as of 20 Dec 2024

Net Assets(€MM)

€7,745.28

as of 20 Dec 2024

WAM

WAM

WAM (Weighted Average Maturity) is a measure of a fund's sensitivity to interest rate movements utilizing the interest-rate reset date and not a security's stated final maturity.

WAL

WAL

WAL (Weighted Average Life) is a measure of a fund's sensitivity to credit spreads or liquidity conditions utilizing a security's stated final maturity date or the date of the next demand feature. WAL does not reflect changes in the interest rate reset date.

as of 20 Dec 2024

Daily Factor

Daily Factor

A decimal representing the portion of an annual yield earned in one day.

0.000244797

as of 20 Dec 2024

Yield

2.98%

3.05%

3.11%

as of 20 Dec 2024

Net Performance

0.26%

3.77%

as of 30 Nov 2024

Quick Links

Factsheet pdf

Fund Objective

The objective of the Fund is to maintain a high level of liquidity, preserve capital and provide a return in line with Euro money market rates.

Fund Information as of 23 Dec 2024

ISIN	IE0003411307
Ticker Symbol	SCMEUGL ID
Currency	EUR
Benchmark	Bloomberg Xestron Index
Investment Manager	State Street Global Advisors Europe Limited
Structure	OEIC - UCITS
SFDR Fund Classification	SFDR - Article 8
Domicile	Ireland
Regulator	CBI
Share Class Inception Date	27 Jul 2001
Fund Inception Date	27 Jul 2001
S&P Fund Rating*	AAAm
Fitch Fund Rating*	AAAmmf
Moody's Fund Rating*	Aaa-mf
Dealing Frequency	Daily
Total Expense Ratio	0.15%
Min. initial investment	€100,000,000
Trading Deadline	DD 01:30PM Irish time
Settlement	T+0
IMMFA Member SSGA is a member of the Institutional Money Market Funds Association (IMMFA), the trade association for AAA-rated European money market funds.	Yes

*All portfolio information provided is as of the date referenced, unless otherwise noted, and is subject to change. Ratings by S&P, Moody's, and Fitch apply to the credit quality of a portfolio and are not a recommendation to buy, sell or hold securities of a fund, are subject to change, and do not remove market risks associated with investments in the fund. For complete information on the methodology and definitions used by each rating agency, please visit the following websites. S&P- http://www.standardandpoors.com/ratings/funds-mmf/en/us, Moody's- https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004, Fitch- www.fitchratings.com

The ratings provided here are from Moody’s. SSGA makes no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.

Yield quotations more closely reflect the current earnings of money market funds than the total return quotations. Past performance is not a reliable indicator of future performance.

Historical NAV

Download: Schedule of Daily Information

The Historical Net Asset Value ("NAV") chart displays the Floating NAV of the fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by any Government agency. None of the State Street Corporation, State Street Bank and Trust Company, State Street Global Advisors or their affiliates ("State Street Entities") guarantee the value of your investment.

In light of prevailing market conditions, State Street EUR Liquidity LVNAV Fund, a sub-fund of State Street Liquidity Plc has decided to offer both accumulating and distributing Share Classes. This will be facilitated by way of the Deconversion. The distributing Share Classes will be subject to the Deconversion and revert to a stable NAV of EUR 1.00 effective 21 October 2022.. Existing investor holdings will automatically switch to a stable NAV of EUR 1.00 on 24 Oct 2022. The Deconversion will not change the value of your holdings. No action is required on your part. For more information please contact your SSGA representative.

Fund Level Market Value Test

Download: Schedule of Daily Information

The Fund Level Market Value Test is designed to show the extent of deviation, if any, of the low volatility net asset value ("LVNAV") of the Fund using the amortized cost method of valuation for securities with fewer than 75 days to maturity. During the calculation the Fund's NAV, portfolio securities with fewer than 75 days to maturity are valued at the fund's acquisition cost, and adjusted for amortization of premium or accretion of discount, intended to create a "stable NAV". This is compared to portfolio securities being valued based on available market quotations or current market factors, creating a likely "floating NAV". This calculation is required to be performed at least daily and is subject to the review of the Fund's Board of Trustees. If the Stable NAV of an LVNAV MMF Fund deviates from the NAV of the LVNAV MMF Fund by more than 20 basis points any redemption and subscription following such deviation shall be undertaken at the price equal to the NAV of the relevant Fund.

Although a money market fund seeks to preserve the value of your investment at 1.00 Stable NAV unit per share, it is possible to lose money by investing in a money market fund. Investors should have no expectation of capital support to the Fund from State Street Entities.

Current Net Fund Performance

Share Class Inception Date: 27 Jul 2001
Index Inception Date: 30 Jun 2000

as of 30 Nov 2024

	As Of	Net Assets(€MM)	1 Month	3 Month	YTD	1 Year	2023	3 Year	5 Year	10 Year	Since Inception 27 Jul 2001
Fund	30 Nov 2024	€7,812.36	0.26%	0.84%	3.43%	3.77%	3.19%	2.14%	1.03%	0.33%	1.19%
Index	30 Nov 2024	-	0.25%	0.83%	3.40%	3.74%	3.20%	2.16%	1.02%	0.27%	1.14%

Source: State Street Global Services / SSGA Ltd, Bloomberg - 30 November 2024

All returns are net of fee.

Past performance is not a reliable indicator of future performance. 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.

On the 18th February 2019 the NAV value was converted from €1.00 per unit, to €1000.0000 per unit. This allows the full negative income movement to be captured in the price, providing additional transparency and accuracy, as well as resulting in a smoother movement in the unit price. The conversion factor used was 1:1000.

The change in NAV value per unit does not change the value of the account as there is no difference in value under these two methods.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Historical Fund Net Performance

View:

Date	Net Assets(€MM)	1 Month	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception 27 Jul 2001
30 Nov 2024	€7,812.36	0.26%	0.84%	3.43%	3.77%	2.14%	1.03%	0.33%	1.19%
31 Oct 2024	€7,409.23	0.28%	0.89%	3.16%	3.83%	2.03%	0.97%	0.30%	1.18%
30 Sep 2024	€8,231.18	0.29%	0.92%	2.87%	3.87%	1.91%	0.90%	0.27%	1.17%
31 Aug 2024	€7,338.82	0.31%	0.93%	2.57%	3.88%	1.79%	0.83%	0.24%	1.17%
31 Jul 2024	€7,717.41	0.31%	0.95%	2.25%	3.88%	1.67%	0.76%	0.21%	1.16%
30 Jun 2024	€7,784.02	0.31%	0.96%	1.93%	3.85%	1.55%	0.69%	0.18%	1.15%
31 May 2024	€7,301.90	0.33%	0.98%	1.62%	3.81%	1.42%	0.62%	0.15%	1.14%
30 Apr 2024	€7,717.50	0.32%	0.96%	1.29%	3.74%	1.29%	0.55%	0.12%	1.13%
31 Mar 2024	€7,454.01	0.33%	0.97%	0.97%	3.65%	1.17%	0.47%	0.09%	1.12%
29 Feb 2024	€6,696.75	0.31%	0.97%	0.64%	3.53%	1.04%	0.40%	0.06%	1.11%
31 Jan 2024	€6,940.29	0.33%	0.98%	0.33%	3.38%	0.92%	0.33%	0.03%	1.10%

No data available.

Download: Net Performance Prior 12-31-2018 Net Performance Since 12-31-2018

Source: State Street Global Services / SSGA Ltd - 30 November 2024

All returns are net of fee.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

Unless otherwise noted all information contained herein is that of the SSgA EUR Liquidity Fund.

Current Net Yield

Date	Net Assets(€MM)	Daily Factors Daily Factor A decimal representing the portion of an annual yield earned in one day.	1 Day	7 Day	30 Day	1 Day	7 Day	30 Day
			Subsidized Yields			Unsubsidized Yields
20 Dec 2024	€7,745.28	0.000244797	2.98%	3.05%	3.11%	2.98%	3.05%	3.11%

Source: State Street Global Services - 20 December 2024

A yield of zero may indicate a fee waiver by the investment manager.

Historical Net Yield

Show:

<	2024		>
Jan	Feb	Mar	Apr
May	Jun	Jul	Aug
Sep	Oct	Nov	Dec

Date	Net Assets(€MM)	Daily Factors Daily Factor A decimal representing the portion of an annual yield earned in one day.	1 Day	7 Day	30 Day	1 Day	7 Day	30 Day
			Subsidized Yields			Unsubsidized Yields
20 Dec 2024	€7,745.28	0.000244797	2.98%	3.05%	3.11%	2.98%	3.05%	3.11%
19 Dec 2024	€7,891.32	0.000082129	3.00%	3.06%	3.12%	3.00%	3.06%	3.12%
18 Dec 2024	€7,989.50	0.000082564	3.01%	3.08%	3.12%	3.01%	3.08%	3.12%
17 Dec 2024	€7,851.48	0.000084378	3.08%	3.09%	3.13%	3.08%	3.09%	3.13%
16 Dec 2024	€7,955.09	0.000084531	3.09%	3.09%	3.13%	3.09%	3.09%	3.13%
13 Dec 2024	€8,101.48	0.000253902	3.09%	3.11%	3.14%	3.09%	3.11%	3.14%
12 Dec 2024	€8,629.05	0.000084628	3.09%	3.11%	3.15%	3.09%	3.11%	3.15%
11 Dec 2024	€8,729.51	0.000084787	3.09%	3.12%	3.15%	3.09%	3.12%	3.15%
10 Dec 2024	€8,790.56	0.000085191	3.11%	3.12%	3.15%	3.11%	3.12%	3.15%
09 Dec 2024	€8,918.71	0.000085232	3.11%	3.12%	3.16%	3.11%	3.12%	3.16%
06 Dec 2024	€8,518.82	0.000256895	3.13%	3.13%	3.16%	3.13%	3.13%	3.16%
05 Dec 2024	€8,400.35	0.000085643	3.13%	3.13%	3.17%	3.13%	3.13%	3.17%
04 Dec 2024	€8,402.93	0.000085398	3.12%	3.14%	3.17%	3.12%	3.14%	3.17%
03 Dec 2024	€8,214.77	0.000085671	3.13%	3.14%	3.17%	3.13%	3.14%	3.17%
02 Dec 2024	€7,972.79	0.000085888	3.13%	3.14%	3.17%	3.13%	3.14%	3.17%

No data available.

Download: Yields

Source: State Street Global Services - 20 December 2024

All returns are net of fee.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

Unless otherwise noted all information contained herein is that of the SSgA EUR Liquidity Fund.

Liquid Assets

Download: Schedule of Daily Information

Daily Liquid Assets are defined as cash, direct obligations of the Government, securities that will mature (or are subject to a demand feature that is exercisable and payable) within one business day, or proceeds of pending sales of portfolio securities due within one business day.

Download: Schedule of Daily Information

Weekly Liquid Assets are defined as cash, direct obligations of the Government, certain securities issued by entities acting as an instrumentality of (and controlled or supervised by) the Government. Securities that will mature (or are subject to a demand feature that is exercisable and payable) within five business days, or proceeds of pending sales of portfolio securities due within five business days.

Net Inflows/Outflows

Download: Schedule of Daily Information

The Daily Net Inflows/Outflows chart is designed to show the variability of the Fund's daily cash flows. The net inflows or outflows of the Fund are calculated by taking the daily total new Fund share purchases (including exchanges made into the Fund) and subtracting the daily total Fund share redemptions (including exchanges made out of the Fund). The existence of any daily inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

Download: Schedule of Daily Information

The Monthly Net Inflows/Outflows chart is designed to show the variability of the Fund's monthly cash flows. The net inflows or outflows of the Fund are calculated by taking the monthly total new Fund share purchases (including exchanges made into the Fund) and subtracting the monthly total Fund share redemptions (including exchanges made out of the Fund). The existence of any monthly inflows or outflows will not necessarily have a direct or indirect correlation to the Fund's investment performance.

Maturity Distributions as of 30 Nov 2024

Overnight	31.92%
2 - 7 Days	4.24%
8 - 30 Days	15.02%
31 - 90 Days	30.14%
91-180 Days	12.00%
180-397 Days	6.69%

Source: SSGA Ltd - Legal Maturity, 30 November 2024

Rounding differences may occur as asset values are calculated to greater than one decimal place.

Fund Sector Allocation as of 30 Nov 2024

Sector	Weight
Certificates of Deposit	28.42%
Commercial Paper	20.81%
Repurchase Agreement	14.74%
Time Deposits	10.78%
Asset Backed Commercial Paper	9.12%
Government Guaranteed	5.59%
Government Commercial Paper	3.92%
Cash	2.30%
Government Agency	1.65%
Government Bill	1.28%
Money Market Fund	0.79%
Supranational	0.36%
Corporate and Bank Notes	0.26%

Source: SSGA Ltd, 30 November 2024

Credit Quality Distribution as of 30 Nov 2024

Sector	Weight
A-1	61.45%
A-1+	37.76%
NR	0.79%

Source: SSGA Ltd, 30 November 2024

Short-term ratings from S&P are used. If no short-term rating is available, the lower long-term rating is used. S&P deems the investments rated 'A-1' maturing in 7 days or less equivalent to 'A-1+'. This document reflects actual issue ratings.

Documents

Fund Documents

Related Literature

Sustainability-related Disclosures

SFDR Website Disclosure (NL) pdf

Minimum Investment

Min. initial investment	€100,000,000
Subsequent	€5,000

Payment Details

Currency	EUR
Beneficiary Bank	Bank of America N.A., Frankfurt
Beneficiary Account Name	State Street Global Advisors Liquidity plc.
Beneficiary BIC	BOFADEFX
Beneficiary Account Number	19923018
CHAPS Sort Code	-
IBAN	DE14500109000019923018

Dealing Procedures

Deals may be placed by telephone, by fax or online through a portal. If dealing by fax, please ensure the appropriate dealing form is used for the share class.

Dealing Team

To place a trade call +353 1 853 8281 or send fax to +353 1 523 3704.

Stock Transfers

If you wish to carry out a stock transfer between any of your accounts, please contact us online or call +44 (0)20 3395 2333 for the procedure outlining the required original documentation.

Queries

For all queries relating to trade instructions, distributions, contract notes, statements and payments contact us online or call +44 (0)20 3395 2333.

Payment Instructions

Please ensure monies are transferred by CHAPS, SWIFT or Federal Wire transfer to the appropriate account on settlement date before the cut-off times specified. Redemption proceeds will be paid to the respective currency account as per instructions on the account opening form, unless advised otherwise in writing by an authorised signatory.

Trading Deadline	DD 01:30PM Irish time
Subscription Settlement Cut-Off	MT202 (pre-advised): EUR 3.30pm Irish Time MT103 (pre-advised): EUR 3.30pm Irish Time
Redemption Receipt Settlement	MT202 (pre-advised): EUR 3.30pm Irish Time MT103 (pre-advised): EUR 3.30pm Irish Time

All returns are net of fee.

Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.

Data is of the date indicated, is subject to change, and should not be relied upon as current thereafter.

Unless otherwise noted all information contained herein is that of the SSgA EUR Liquidity Fund.