Fact sheet: SSgA Eur SustCorpBdIdx

Fund information
Fund name
SSgA Euro Sustainable Corporate Bond Index I Dis
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • State Street Global Advisors France SAsince 15/05/2011
Fund objective
The Sub-fund seeks to track as closely as reasonably possible the performance ofMarkit iBoxx Euro Sustainable Corporate Bond Custom Index(the Index ).
Benchmark
  • Markit iBoxx Euro Sustainable Corporate Bond Custom Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised
Quick stats
1 Year return
2.3%
1 Year rank in sector
25/65
Sector
FO Fixed Int - EUR Investment Grade
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.
0.26%
Fund size
£827m (£575m 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.
70
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX23.3%
Capital Group EBdFL21.1%
Russell IC II Euro FI19%
Pimco GIS Euro Income Bond5%
BlackRock GF Eu Corp Bd4%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • France15.1%
    Germany14.8%
    Netherlands13.7%
    USA9.8%
    Italy9%
  • Financials49.2%
    Industrials33.7%
    Utilities11%
    Government Agency Bonds3.7%
    Fixed Interest1.6%
  • French Fixed Interest15.1%
    German Fixed Interest14.8%
    Dutch Fixed Interest13.7%
    US Fixed Interest9.8%
    Italian Fixed Interest9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-2.9%-0.6%2.3%5.6%17.2%
Sector-1.6%-3%-0.4%2.5%12%34.4%
Rank within sector50 / 6526 / 6535 / 6525 / 6558 / 6244 / 49
Quartile4th2nd3rd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.9%-2.7%5.8%-0.7%10.2%
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector22 / 6561 / 6451 / 6245 / 5335 / 49
Quartile2nd4th4th4th3rd
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.
-1.21
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.
0.81
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
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%.
3.29
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.
1.93
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.
-0.99
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.
0.69
Price movement
52 week high11.8
52 week low11.25
Current bid price-
Current offer price-
Current mid price11.46
Region
1France15.07%
2Germany14.75%
3Netherlands13.71%
4USA9.76%
5Italy9%
6International8.98%
7UK8.02%
8Spain7.38%
9Sweden6.08%
Industry sector
1Financials49.17%
2Industrials33.65%
3Utilities10.97%
4Government Agency Bonds3.73%
5Fixed Interest1.6%
6Others0.45%
7Money Market0.43%
Asset type
1French Fixed Interest15.07%
2German Fixed Interest14.75%
3Dutch Fixed Interest13.71%
4US Fixed Interest9.76%
5Italian Fixed Interest9%
6Global Fixed Interest8.98%
7UK Fixed Interest8.02%
8Spanish Fixed Interest7.38%
9Swedish Fixed Interest6.08%
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 ofMarkit iBoxx Euro Sustainable Corporate Bond Custom Index(the Index ).
Benchmark
  • Markit iBoxx Euro Sustainable Corporate Bond Custom Index
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised
Fund manager
NameSinceBiography
State Street Global Advisors France SA15/05/2011
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, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
SSgA Euro Sustainable Corporate Bond Index A2
Initial charge3%
Annual charge0.16%
Min single investment£300,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.26%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price10.2664
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMVVA
SSgA Euro Sustainable Corporate Bond Index A2 Dis
Initial charge3%
Annual charge0.16%
Min single investment£300,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price10.1977
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIXW
SSgA Euro Sustainable Corporate Bond Index I
Initial charge3%
Annual charge0.2%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.26%
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price12.6397
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05YJ
SSgA Euro Sustainable Corporate Bond Index I Dis
Initial charge3%
Annual charge0.2%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.26%
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price11.4602
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeACCD
SSgA Euro Sustainable Corporate Bond Index I Hedged CHF
Initial charge3%
Annual charge0.23%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price9.9917
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIXX
Data provided by

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