Welcome to SPDR® ETFs Europe

Home
Home  »  ETFs : SPDR® MSCI Europe Telecommunication ServicesSM ETF

SPDR® MSCI Europe Telecommunication ServicesSM ETF

Fund Objective

The investment objective of the tracker is to replicate the performance of the MSCI Europe Telecommunication Services net dividends reinvested. This index represents all the European shares which belong to the sector of Telecommunication Services.

Important Risk Information

Risk associated with equity investing include stock values which may fluctuate in response to the activities of individual companies and general market and economic conditions.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Index Description

The MSCI Europe Telecommunication Services Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of constituents classified as Telecommunication Services (according to the Global Industry Classification Standard) in the MSCI Europe index.  The MSCI Europe Index consists of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

Fund Information

As of 16/05/2013
ISIN FR0000001687
iNAV Ticker* .INSTT
Inception Date 30/09/2001
Countries of Registration France, Germany, Ireland, Italy, Luxembourg, Netherlands, Sweden, Switzerland, United Kingdom
Base Currency EUR
Income Treatment Capitalisation
Settlement Cycle DD+3
Trading Cycle DD
TER 0.30%
Benchmark MSCI Europe Telecommunication ServicesSM
Minimum Investment 1 Share
Trading Currency EUR,CHF
UCITS Compliant Yes
Domicile France
Investment Manager State Street Global Advisors France S.A.
Fund Umbrella SPDR® ETFs
Replication Method Physical - Replicated
Distribution Frequency -
PEA Eligible Yes
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Yes

*These ticker codes are representative of the primary listing exchange.

Listing and Ticker Information

Euronext (Primary)
Trading Currency EUR
Listing Date 04/10/2001
Exchange Ticker STT
SEDOL Code 7224687
Bloomberg Code STT FP
Reuters Code STTT.PA
Deutsche Börse
Trading Currency EUR
Listing Date 08/11/2010
Exchange Ticker SPYT
SEDOL Code 7224687
Bloomberg Code SPYT GT
Reuters Code STTT.PA
Borsa Italiana
Trading Currency EUR
Listing Date 27/01/2011
Exchange Ticker STTI
SEDOL Code 7224687
Bloomberg Code STTI IT
Reuters Code STTT.PA
SIX Exchange
Trading Currency CHF
Listing Date 04/05/2011
Exchange Ticker STTS
SEDOL Code 7224687
Bloomberg Code STTS SW
Reuters Code STTT.PA

Fund Performance

As of 30/04/2013
Fund Index
1 Month 4.33% 4.33%
3 Month 6.96% 6.94%
YTD 10.55% 10.67%
1 Year 11.90% 11.73%
3 Year 5.42% 5.29%
5 Year 1.63% 1.73%
Since Inception
30/09/2001
1.87% 2.14%

Performance greater than one year represents annualised performance.

Past performance is not an indicator of future performance. The contained performance data do not take account of the commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Fund Market Price

As of 16/05/2013
Bid Price €46.57
Offer Price €47.34
Closing Price €46.96
Bid/Offer Spread €0.77
Day High €46.96
Day Low €46.58
52 Week High €46.71
52 Week Low €39.55
Shares in Issue 0

Data sourced from Euronext.

Fund Net Asset Value

As of 16/05/2013
NAV €46.95
Assets Under Management (millions) €5.87
Shares in Issue 125,000
NAV History XLS

Fund Characteristics

As of 30/04/2013
Average Market Cap (M) €71,576.39
Number of Holdings 24
Average Price/Book 1.66
Dividend Yield 5.84%
Average Price/Earnings 11.29

† This measures the weighted average of gross dividend yield of stocks in the fund, not the dividend yield of the fund.

Performance Chart

Annualized
as of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
30/09/2001
Fund 30/04/2013 4.33% 6.96% 10.55% 11.90% 5.42% 1.63% 1.87%
Index 30/04/2013 4.33% 6.94% 10.67% 11.73% 5.29% 1.73% 2.14%

Performance greater than one year represents annualised performance.

Past performance is not an indicator of future performance. The contained performance data do not take account of the commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Performance Graphs

Month End as of 30/04/2013
Inception Date: 30/09/2001
<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; MSCI Europe Telecommunication Services&lt;sup&gt;SM&lt;/sup&gt; ETF" bmarkName="MSCI Europe Telecommunication Services&lt;sup&gt;SM&lt;/sup&gt;"><funds><field>1 Month</field><fund>4.33</fund><index>4.33</index></funds><funds><field>3 Month</field><fund>6.96</fund><index>6.94</index></funds><funds><field>YTD</field><fund>10.55</fund><index>10.67</index></funds><funds><field>1 Year</field><fund>11.90</fund><index>11.73</index></funds><funds><field>3 Year</field><fund>5.42</fund><index>5.29</index></funds><funds><field>5 Year</field><fund>1.63</fund><index>1.73</index></funds><funds><field>Since Inception</field><fund>1.87</fund><index>2.14</index></funds></performance>

Aggregate Performance

As of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
30/09/2001
Fund 30/04/2013 4.33% 6.96% 10.55% 11.90% 17.17% 8.41% 23.95%
Index 30/04/2013 4.33% 6.94% 10.67% 11.73% 16.72% 8.95% 27.86%

Performance greater than one year represents cumulative performance.

Calendar Performance

As of 30/04/2013
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Fund 10.55% -5.07% -0.43% 9.80% 17.01% -34.20% 18.12% 20.32% -1.33% 13.17% 16.82%
Index 10.67% -5.27% -0.61% 9.06% 17.85% -33.72% 18.53% 20.30% -0.95% 14.24% 17.71%

This information is annual performance for the calendar year shown with exception of the current year, where performance shown is year to date.

Deviation & Tracking Error

As of 30/04/2013
Standard Deviation 12.39%
Tracking Error 0.29%

This calculation is based on the past 3 years performance information.

Fund Top Holdings

As of 30/04/2013
Security Name Weight
VODAFONE GROUP PLC 35.01%
TELEFONICA SA 14.00%
BT GROUP PLC 7.91%
DEUTSCHE TELEKOM AG-REG 7.77%
VIVENDI 6.98%
FRANCE TELECOM SA 4.63%
TELENOR ASA 3.71%
TELIASONERA AB 3.51%
SWISSCOM AG-REG 2.57%
TELECOM ITALIA SPA 1.94%
Download Daily Holdings XLS

Fund Country Weights Allocation

As of 30/04/2013
Country Name Weight
United Kingdom 44.13%
Spain 14.00%
France 12.87%
Germany 7.77%
Sweden 6.01%
Norway 3.71%
Italy 2.92%
Switzerland 2.57%
Netherlands 1.81%
Denmark 1.25%
Belgium 0.85%
Portugal 0.77%
Finland 0.55%
Greece 0.47%
Austria 0.33%

Fund Sector Allocation

As of 30/04/2013
<component><componentDisplayValues><displayLabel>Fund Sector Allocation</displayLabel></componentDisplayValues><attributes><value>99.97</value><name>Telecommunication</name></attributes><attributes><value>0.03</value><name>Consumer Discretionary</name></attributes></component>

Performance Net of All Fees.

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with SSgA and any related financial products.

The SPDR MSCI Europe Telecommunication Services ETF was previously known as the streetTRACKS® MSCI Europe Telecommunication Services ETF.