Fact sheet: SSgA Euro Cor Bd Idx

Fund information
Fund name
SSgA Euro Corporate Bond Index P
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • State Street Global Advisors France SAsince 21/07/2009
Fund objective
The objective of the Fund is to track the performance of the Barclays Euro Corporate Bond Index (the "Index") as closely as reasonably possible.
Benchmark
  • Bloomberg Barclays Euro Aggregate Corporate Bond Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Quick stats
1 Year return
2.5%
1 Year rank in sector
31/58
Sector
FO Fixed Int - EUR Corporate Bond
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.
0.32%
Fund size
£2,108m (£1,592m 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
Capital Group ECorpBdLUX16%
Edmond de Rothschild SgFnBd9.4%
Robeco Fin Instns Bonds9.4%
Union UnInstEurSbrdnBnds8.6%
Schroder ISF €Cp Bd5.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • France20%
    USA17.8%
    Germany13.4%
    Others10.5%
    UK9.8%
  • Industrials50.9%
    Financials40.8%
    Utilities7.3%
    Money Market0.9%
    Asset/Mortgage-Backed Securities0.1%
  • French Fixed Interest20%
    US Fixed Interest17.8%
    German Fixed Interest13.4%
    Global Fixed Interest10.5%
    UK Fixed Interest9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%0.5%1.3%2.5%9.2%-
Sector0.4%0.6%1.8%3.5%8%23%
Rank within sector12 / 5922 / 5937 / 5931 / 5816 / 55-
Quartile1st2nd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.6%4.6%-0.7%8.6%-
Sector1%4.7%-1%6.9%2.2%
Rank within sector34 / 5924 / 5725 / 567 / 52-
Quartile3rd2nd2nd1st
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.
0.16
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.
1.01
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%.
3.32
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.
1.26
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.
0.15
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.
0.86
Price movement
52 week high11.53
52 week low11.13
Current bid price-
Current offer price-
Current mid price11.41
Region
1France19.97%
2USA17.82%
3Germany13.42%
4Others10.51%
5UK9.78%
6Netherlands7.1%
7Italy5.55%
8Spain5.12%
9Switzerland3.71%
Industry sector
1Industrials50.93%
2Financials40.78%
3Utilities7.34%
4Money Market0.9%
5Asset/Mortgage-Backed Securities0.05%
Asset type
1French Fixed Interest19.97%
2US Fixed Interest17.82%
3German Fixed Interest13.42%
4Global Fixed Interest10.51%
5UK Fixed Interest9.78%
6Dutch Fixed Interest7.1%
7Italian Fixed Interest5.55%
8Spanish Fixed Interest5.12%
9Swiss Fixed Interest3.71%
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 objective of the Fund is to track the performance of the Barclays Euro Corporate Bond Index (the "Index") as closely as reasonably possible.
Benchmark
  • Bloomberg Barclays Euro Aggregate Corporate Bond Index
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
State Street Global Advisors France SA21/07/2009
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Sweden
SSgA Euro Corporate Bond Index B
Initial charge-
Annual charge-
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.6082
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG7EV
SSgA Euro Corporate Bond Index I
Initial charge3%
Annual charge0.15%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price14.5888
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWF7
SSgA Euro Corporate Bond Index P
Initial charge3%
Annual charge0.3%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price11.4122
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK0IO
SSgA Euro Corporate Bond Index P Dis
Initial charge3%
Annual charge0.3%
Min single investment£50
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price9.8822
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDUK
Data provided by

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