SPDR® MSCI USA Small Cap Value Weighted UCITS ETF USD Acc
SSgA SPDR ETFs Europe II plc (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

Investment Objective The investment objective of the Fund is to track the performance of US small capitalisation equities with a higher weighting applied to equities exhibiting low valuation characteristics. Investment Policy The Fund seeks to track the performance of the MSCI USA Small Cap Value Weighted Index (the "Index") as closely as possible. The Fund invests primarily in securities included in the Index. These securities include US smaller sized companies based on the traditional market capitalisation weighted parent index, the MSCI USA Small Cap Index. The value methodology re-weights each security in the parent index to emphasise stocks with lower valuations using fundamental accounting data (sales, book value, earnings and cash earnings). As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index, the Fund will use an optimisation strategy to build a representative portfolio which should reflect the performance of the Index. Consequently, the Fund will typically hold only a subset of the securities included in the Index. In limited circumstances the Fund may purchase securities that are not included in the Index. The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices may be greater or less than the daily net asset value of the Fund. The Fund does not currently engage in securities lending. Shareholders may redeem shares on any UK business day (other than days on which relevant financial markets are closed for business and/or the day preceding any such day provided that a list of such closed market days will be published for the Fund on www.spdrs.com); and any other day at the Directors' discretion (acting reasonably) provided Shareholders are notified in advance of any such days. Any income earned by the Fund will be retained and reflected in an increase in the value of the shares. The Fund's shares are issued in U.S. Dollars. Please refer to the Prospectus for more information. Index Source: 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 and supplement contains a more detailed description of the limited relationship MSCI has with State Street Bank and Trust Company, through SSGA, and related funds, as well as additional disclaimers that apply to the MSCI indexes.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 25/09/202025.97
Morningstar categoryUS Small-Cap Equity
CurrencyEUR
Distribution statusAccumulating
ISINIE00BSPLC413
Inception Date18/02/2015
Minimum initial amount-
Exchange NameXETRA
TickerZPRV
Fees And Charges
Custody feeNone
Ongoing charge0.30% of which none is paid to MeDirect
Fund management company
AddressState Street Global Advisors Ltd 20 Churchill Place London E14 5HJ United Kingdom
Manager Name-
Manager Start Date-
Websitehttp://www.ssga.com
Total Net Assets (mil)49.15 USD (31/08/2020)
UCITSYes
Administrator-

Documents

Prospectus
en 22/10/2019
Annual Report
en 31/03/2019
Semi Annual Report
en 30/09/2018
Morningstar Report
27/09/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-20.54%25/09/2020
3 years-3.78%25/09/2020
5 years1.49%25/09/2020
Since launch-25/09/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-25.51
1 month-6.53
3 months0.62
6 months20.04
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-38.27%24.98%--
201913.79%0.04%-1.09%9.39%
2018-4.00%8.31%1.70%-19.90%
2017-0.19%-0.80%5.33%5.29%
20162.75%1.59%8.14%11.72%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock99.84%0.00%99.84%
Bond0.00%0.00%0.00%
Cash0.16%0.00%0.16%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
38.3526.8622.96
Sharpe Ratio
0.080.060.21
Sortino Ratio
0.100.080.28
Positive Months9.0026.0041.00
Negative Months3.0010.0019.00
Worst Month-27.91-27.91-27.91
World Regions
Region%
United States97.91
Latin America0.52
United Kingdom0.47
Asia - Developed0.40
Europe - Emerging0.26
Europe - ex Euro0.11
Eurozone0.08
Asia - Emerging0.04
Canada0.04
Stock Sector Weighting
Sector% of Equity
Financial Services21.03
Consumer Cyclical
18.73
Industrials16.18
Real Estate8.87
Technology8.39
Energy7.65
Healthcare5.29
Basic Materials5.18
Consumer Defensive
4.36
Communication Services2.74
Utilities1.42
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
25.97
Closing Price
All key information and documents must be reviewed before being able to Invest.