SSgA Active World Bond Fund

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316.49
1.140 / 0.36%
312.76 - 362.85+0.16
NAV in EURNAV change52-week range3-yr sharpe ratio

As of market close May 22 2013.

Total returns on £1,000

As of May 20 2013.Fund performance

Objective

The fund will invest in international bonds with the aim of consistently outperforming international government bond markets. In order to achieve this objective, State Street global Advisors France S.A will implement an active quantitative management technique, based on a geographic allocation model (bonds/currencies) as well as stock selection models tailored to each country. The rating of the issuer (State – Public Sector or Private issuer) will be equal to or better than AA- (Standard and Poor´s, IBCA), Aa3 (Moody´s) for the long term and A1 (Standard and Poor´s IBCA), P1 (Moody´s) for the short term. The OPCVM will be entitled to intervene on financial futures traded on French and foreign regulated markets or on the OTC markets. Within this framework, the manager will be able to take positions with a view to hedging the portfolio or to exposing it to sectors to take advantage of market variations and to pursue the management objective.

Profile

Fund typeSICAV
Investment style (bonds)
Credit Quality: High
Interest-Rate Sensitivity: Ext
Income treatmentAccumulation
Morningstar categoryAlt - Debt Arbitrage
IMA sector
Launch date18/04/1994
Price currencyEUR
DomicileFrance
ISINFR0000027138
Manager & start date
John Philpot
19/12/2012

Investment

Pricing frequencyDaily
Fund size
3.47m GBPAs of Apr 30 2013
Share class size
3.47m GBPAs of Apr 30 2013
Net expense ratio1.07%
Initial charge1.00%
Annual charge0.70%
Exit charge0.00%
Min. initial investment1.00 share
Min. additional investment42.00 GBP
Min. regular investment0.00 GBP
UK ISA--
Available for saleFrance, Germany

Diversification

Asset type

Bond
95.86%
Cash
4.10%
Other
0.04%
UK stock
0.00%
Non-UK stock
0.00%

Top 5 sectors

Future/Forward
200.99%
Government
94.10%
Cash & Equivalents
7.74%
Corporate Bond
1.76%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change		Portfolio
weight		Long
allocation
Japan(Govt Of) 1.9%--6.83%
Japan(Govt Of) 0.8%--6.82%
Germany(Fed Rep) 1.25%--5.23%
United States Treas Nts 3.125%--3.44%
United States Treas Nts 1.75%--3.21%
As of Jul 31 2010.Data delayed by at least 20 minutes.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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