State Street SPDR Bloomberg EM Local Bond UCITS ETF EUR Hdg

Objectives Investment objective The objective of the Fund is to track the performance of the debt markets in emerging market countries for liquid local currency securities. The Fund seeks to track the performance of the Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR (the "Index") as closely as possible. The Fund is an index tracking fund (also known as a passively managed fund). Investment policies The Fund invests primarily in securities included in the Index. These include bonds issued by governments in emerging market countries. These securities may have fixed or floating interest rates and may be rated investment grade (high quality) or below investment grade. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use a stratified sampling strategy to build a representative portfolio. Consequently, the Fund will typically hold only a subset of the securities included in the Index. This EUR Hedged Class is made available to reduce exchange rate fluctuations between the currency of this Share Class and the currency in which the underlying assets of the Fund are denominated. The Share Class will be hedged back to EUR and consequently should more closely track the corresponding hedged version of the Index (Bloomberg Emerging Markets Local Currency Liquid Government Bond Index unhedged USD base hedged into EUR). The Fund may use financial derivative instruments (that is, financial contracts whose prices are dependent on one or more underlying assets) in order to manage the portfolio efficiently. Save in exceptional circumstances, the Fund will generally only issue and redeem shares to certain institutional investors. However, shares of the Fund may be purchased or sold through brokers on one or more stock exchanges. The Fund trades on these stock exchanges at market prices which may fluctuate throughout the day. Market prices m

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No