SPDR MSCI Europe Financials ETF A/I

The investment objective of the fund is to replicate the performance of the MSCI Europe Financials SM (Morgan Stanley Capital International), however it develops. The management strategy aims to ensure the spread between the change in net asset value and in the index (measured by tracking error), is as small as possible and lower than 1%.
The Fund is managed according to the index-based management methods developed by the State Street Group. The management strategy emphasizes the replication method that consists of purchasing all the securities that make up the reference index in proportion to their respective weightings as closely as possible. The structure of the portfolio is therefore very close to that of its benchmark. It does not involve any sector-based speculation or stockpicking.

Key stats

Management firm  State Street Global Advisors France SA
Domicile  France
Fund Administrator  State Street Global Advisors France SA
Global Branding Name  State Street
Fund currency  EUR
Net Assets Date  2014-06-30
Net Assets  €223,539,731
Launch Date  2001-08-06
ISIN  FR0000001703
SEDOL  B13RMN1
Manager 1 Name  Ludovic Brancourt
Fund Strategy  Sector Equity Financial Services
Benchmark  MSCI Europe/Financials NR EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  -3.33%
Return - 2 Months  -0.83 %
Return - 3 Months  0.45%
Return - 6 Months  2.23 %
Return - 9 months  10.61 %
Return - 12 Months  23.35%
Annualized return 24 months  25.56 %
Annualized return 36 months  8.47 %
Annualized return 48 months  7.76 %
Annualized return 60 months  8.82 %
Return 120 months  0.48 %
Annualized return since Inception  -1.67%
Return YTD  2.23%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 120 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.30 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Défense Plaza
Contact Address 2  23-25 rue Delarivière-Lefoullon
Contact city  Paris La Défense Cedex
Contact country  France
Fund Admin Group  State Street Global Advisors France SA
Web Address  www.ssga.fr
Custodian  State Street Banque S.A.
Phone  +33 (0)1 537 580 00

Price

Last Price Date  2014-07-25
Pre-tax nav  47.71
Pre-tax offer  47.87
Pre-tax bid  47.64
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-0.02
Price change (percentage)  -0.04 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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