SPDR Solactive Hong Kong ETF
Data updated: 2021-02-26
C000145465 — SPDR Solactive Hong Kong ETF. Money Market · $14.93M AUM · 0.14% expense ratio · 7.8% 1-yr return. Holdings, fees, performance and SEC filings.
C000145465 Fund Overview
SPDR Solactive Hong Kong ETF is a US ETF managed by SPDR Index Shares Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: SPDR Index Shares Funds
- Category: Money Market
- Assets under management: $14.93M
- 1-year return: 7.8%
- SEC CIK: 0001168164
- SEC series ID: S000046631
- Share class ID: C000145465
C000145465 Investment Objective and Strategy
SPDR Solactive Hong Kong ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SPDR Index Shares Funds.
Investment objective
The SPDR Solactive Hong Kong ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon the equity market of Hong Kong.
Principal investment strategy
In seeking to track the performance of the Solactive GBS Hong Kong Large & Mid Cap USD Index NTR (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (SSGA FM or the Adviser), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.
Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index and in depositary receipts (including American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) based on securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the Fund's assets will generally be concentrated in an industry or group of industries to the extent that the Index concentrates in a particular industry or group of industries.
The Index is a free float-adjusted market capitalization index that is designed to measure the equity market performance of large- and mid-cap companies in Hong Kong. A company's free float-adjusted market capitalization is calculated by multiplying the number of shares readily available in the market by the price of such shares. Companies with a larger free float-adjusted market capitalization make up a proportionally larger portion of the Index. The initial universe of securities eligible for inclusion in the Index include common stock, preferred stock, real estate investment trusts (REITs) and depositary receipts. To be eligible for inclusion in the Index, new and current components must meet the following criteria as of the rebalancing reference date: (i) be listed on an exchange in a developed country; (ii) have a minimum one- and six-month average daily trading value of $1,000,000 ($750,000 for current Index components); (iii) have a minimum trading volume of 100,000 (75,000 for current Index components) shares over the preceding one-month period and 600,000 (450,000 for current Index components) shares over the preceding six-month period; (iv) have a free float percentage (percentage of common shares outstanding readily available in the market) of at least 10% (7.5% for current Index components); and (v) have no more than 10 non-trading days over the preceding six-month period.
Initial public offerings (IPOs) are eligible for inclusion in the Index, subject to similar criteria. Eligible securities are assigned to a country based on country of primary listing, incorporation, domicile and country of risk. All securities assigned to Hong Kong are then ranked by issuer market capitalization and the securities of approximately 85% of the largest issuers are included in the Index. The Index is reconstituted and rebalanced semi-annually on the first Wednesday in May and November. In addition, IPOs may be included on the first Wednesday in February and August. The rebalancing reference date is 20 business days prior to the rebalancing date. As of August 31, 2018, a significant portion of the Index comprised companies in the financial and real estate sectors, although this may change from time to time.
As of August 31, 2018, the Index comprised 58 securities. The Index is sponsored by Solactive AG (the Index Provider), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
C000145465 Performance
Total returns for C000145465 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.8% |
C000145465 Risk Information
Risk metrics for C000145465, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 26.0%
C000145465 Costs and Fees
C000145465 costs about $14 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.14%
- Gross expense ratio: 0.20%
- Portfolio turnover: 8%
- Brokerage commissions: 1.56 bps of average net assets (SEC N-CEN)
C000145465 Cashflows
Over the 12 months to 2020-12, SPDR Solactive Hong Kong ETF had net inflows of $5.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $0 |
| 2020-11 | $0 |
| 2020-10 | $0 |
| 2020-09 | $0 |
| 2020-08 | $0 |
| 2020-07 | $1.43M |
C000145465 Debt Constituents
No individual debt constituents are reported in SPDR Solactive Hong Kong ETF's latest SEC N-PORT filing.
C000145465 Prospectus and SEC Filings
Official SPDR Solactive Hong Kong ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-28
- Prospectus (485BPOS) — filed 2020-02-19
- Prospectus (485BPOS) — filed 2019-02-20
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Portfolio holdings (N-PORT) — filed 2020-11-19
- Portfolio holdings (N-PORT) — filed 2020-08-27
- Annual census (N-CEN) — filed 2020-12-07
- Annual census (N-CEN) — filed 2019-12-10
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.