Fact sheet: SSgA EMU Gov Bd Index

Fund information
Fund name
SSgA EMU Government Bond Index P EUR
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • State Street Global Advisors France SAsince 31/05/2011
Fund objective
The Sub-fund seeks to track as closely as reasonably possible the performance ofthe Citi EMU Government Bond Index(the Index ).
Benchmark
  • Citigroup EMU Government Bond Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised
Quick stats
1 Year return
6.7%
1 Year rank in sector
6/24
Sector
FO Fixed Int - EUR Government
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.35%
Fund size
£995m (£1,006m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
71
Top in this sector
Fund name1 Year
Vanguard 20+ Year € Trs Idx20.8%
Turkisfund Bonds12.6%
BlackRock GIF € Govt Bd Idx7.1%
JI Favourite Bonds CL7.1%
Northern Trust € Govt Bd Idx7%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • France24.7%
    Italy23.5%
    Germany18.4%
    Spain13.5%
    Belgium6.4%
  • Government Bonds99.7%
    Money Market0.3%
  • French Fixed Interest24.7%
    Italian Fixed Interest23.5%
    German Fixed Interest18.4%
    Spanish Fixed Interest13.5%
    Belgian Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%1.7%2.9%6.7%22.3%35.3%
Sector-0.2%1.5%2.7%6%19.5%29.4%
Rank within sector18 / 2413 / 2410 / 246 / 245 / 233 / 20
Quartile3rd3rd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund5.9%1.3%12.8%1.8%10.5%
Sector5.8%0.4%11.4%1%8.7%
Rank within sector12 / 244 / 249 / 238 / 216 / 20
Quartile2nd1st2nd2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.54
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.04
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.91
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
4.04
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.88
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.88
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.95
Price movement
52 week high14.26
52 week low13.29
Current bid price-
Current offer price-
Current mid price14.18
Region
1France24.73%
2Italy23.49%
3Germany18.35%
4Spain13.51%
5Belgium6.37%
6Netherlands5.77%
7Austria3.8%
8Ireland1.96%
9Finland1.49%
Industry sector
1Government Bonds99.73%
2Money Market0.27%
Asset type
1French Fixed Interest24.73%
2Italian Fixed Interest23.49%
3German Fixed Interest18.35%
4Spanish Fixed Interest13.51%
5Belgian Fixed Interest6.37%
6Dutch Fixed Interest5.77%
7Austrian Fixed Interest3.8%
8Irish Fixed Interest1.96%
9Finnish Fixed Interest1.49%
Individual holdings
No data available.
Management
Fund manager group
State Street
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund objective
The Sub-fund seeks to track as closely as reasonably possible the performance ofthe Citi EMU Government Bond Index(the Index ).
Benchmark
  • Citigroup EMU Government Bond Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised
Fund manager
NameSinceBiography
State Street Global Advisors France SA31/05/2011
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore
SSgA EMU Government Bond Index I EUR
Initial charge3%
Annual charge0.15%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.22%
Bid price-
Offer price-
Mid price13.2603
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIQL7
SSgA EMU Government Bond Index P EUR
Initial charge3%
Annual charge0.3%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.37%
Bid price-
Offer price-
Mid price14.1814
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0B9
Data provided by

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