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  5. State Street Global Index Plus (Hedged) Trust - Managed fund profile

State Street Global Index Plus (Hedged) Trust - Managed Fund

Fund Objective
The Fund seeks an investment return that modestly exceeds, before expenses, the performance of the MSCI World ex-Australia Index 100% hedged to Australian dollars over the long term.
Fund Strategy
The Fund has exposure to listed international securities selected from the MSCI World ex-Australia Index. It gains most of this exposure by purchasing units in the State Street Global Index Plus Trust. It also enters into forward foreign exchange contracts to remove currency exposure.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.67% 2.31% 9.85% 32.63% 20.22% 7.33% 11.32% 10.26%
Growth return -0.67% 2.31% 9.85% 32.63% 20.22% 7.33% 5.9% 6.7%
Income return 0% 0% 0% 0% 0% 0% 5.42% 3.56%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

State Street Global Index Plus (Hedged) Trust
International Equities
97.87%
Cash
2.13%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
98.08%
Cash
1.43%
Australian Equities
0.07%
Property
0.41%
Alternatives
0.01%

General Information

Fund Details
Type Description
State Street Global Index Plus (Hedged) Trust
State Street Global Advisors (Aus) Ltd
SST0021AU
Equity World - Currency Hedged
starstarstarstar (as at 31 Oct 2024)
Investment Fund
28 Feb 2001
$26.94 million (as at 31 Aug 2024)
$0.6313 (as at 21 Nov 2024)
$0.6303 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 0.32% (as at 31 May 2024)
Indirect Cost Ratio (ICR) 0.32% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Apple Inc Equity 4.99%
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FAQs about the State Street Global Index Plus (Hedged) Trust

The objective of the State Street Global Index Plus (Hedged) Trust managed fund is The Fund seeks an investment return that modestly exceeds, before expenses, the performance of the MSCI World ex-Australia Index 100% hedged to Australian dollars over the long term.

The strategy of the State Street Global Index Plus (Hedged) Trust managed fund is The Fund has exposure to listed international securities selected from the MSCI World ex-Australia Index. It gains most of this exposure by purchasing units in the State Street Global Index Plus Trust. It also enters into forward foreign exchange contracts to remove currency exposure.

The APIR code of the State Street Global Index Plus (Hedged) Trust managed fund is SST0021AU.

State Street Global Index Plus (Hedged) Trust’s total return last month was -0.67%. This was made up of a growth return of -0.67% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

State Street Global Index Plus (Hedged) Trust’s total return for the last three months was 2.31%. This was made up of a growth return of 2.31% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

State Street Global Index Plus (Hedged) Trust’s one-year total return is 32.63%. This was made up of a growth return of 32.63% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

State Street Global Index Plus (Hedged) Trust’s one-year total return is 7.33%. This was made up of a growth return of 7.33% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the State Street Global Index Plus (Hedged) Trust managed fund is :

International Equities
97.87%
Cash
2.13%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the State Street Global Index Plus (Hedged) Trust managed fund is State Street Global Advisors (Aus) Ltd.

The State Street Global Index Plus (Hedged) Trust managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 31 Aug 2024, the size of the State Street Global Index Plus (Hedged) Trust managed fund was $26.94 million.

The State Street Global Index Plus (Hedged) Trust managed fund has an inception date of 28 Feb 2001.

The current entry price of the State Street Global Index Plus (Hedged) Trust managed fund is $0.6313 per unit and the current exit price is $0.6303 per unit (as at 21 Nov 2024).

The current exit price of the State Street Global Index Plus (Hedged) Trust managed fund is $0.6303 per unit and the current entry price is $0.6313 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the State Street Global Index Plus (Hedged) Trust managed fund is $25,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.