- Title:
Shareholder Notice – SPDR JPM SA Agg Bd UCITS ETF - Time:
07:00:06 - Date:
9 Apr 2025 - Category:
Miscellaneous - ID:
2061E
RNS ANNOUNCEMENT
Date: 9 April 2025
NOTICE TO SHAREHOLDERS
Dear Shareholder,
SSGA SPDR ETFs Europe I plc (the "Company")
|
Fund Name |
|
SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF |
(the "Fund")
We are writing to you as a Shareholder in the Fund to advise of the following change to the supplement (the "Supplement") for the Fund above which will take effect as at the date the revised Supplement is noted by the Central Bank.
1. Addition of Currency Hedged Share Classes
Four new currency hedged Share Classes are being made available for the Fund:
|
Share Class Type |
TER |
|
EUR Hedged - Accumulating & Distributing |
0.42% |
|
GBP Hedged - Accumulating & Distributing |
|
|
CHF Hedged - Accumulating & Distributing |
|
|
SGD Hedged - Accumulating & Distributing |
Details regarding these new Share Classes are included in the revised Fund Supplement.
2. Investment Policy
As hedged Share Classes are being reflected within the Fund Supplement, details regarding currency hedging have been included in the Investment Policy.
3. Investment Risk disclosures
Additional investment risks are being included in the Supplement relating to Share Class Risk and Currency Hedging Risk as indicated below.
Share Class Risk: There is no segregation of liabilities between Classes of the Fund. While the Investment Manager and/or Sub-Investment Manager will seek to ensure that gains/losses on and the costs of the relevant FDI associated with any currency hedging strategy will accrue solely to the Class for which it is intended, the transactions could result in liabilities for other Classes.
Currency Hedging Risk: Hedges are sometimes subject to imperfect matching between the hedging transaction and the risk sought to be hedged. There can be no assurance that the Fund's hedging transactions will be effective. As the purpose of currency hedging is to try to reduce or eliminate losses caused by exchange rate fluctuations, it can also reduce or eliminate gains where the currency in which the Fund's assets are denominated appreciates.
4. Other changes
Some other minor related changes have also been included in the Supplement.
Further information
Should you have any queries, please contact the SPDR ETF Sales and Support team at [email protected].
Shareholder Notice – SPDR JPM SA Agg Bd UCITS ETF07:00:069 Apr 2025Miscellaneous2061E