State Street Disciplined Global Equity Portfolio

C000149006 Fund Overview

State Street Disciplined Global Equity Portfolio is a US mutual fund managed by SSGA Active Trust, categorised as Global (incl. US) Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: SSGA Active Trust
• Category: Global (incl. US) Blend / Core Equity
• Assets under management: $1.73M
• 1-year return: 28.6%
• SEC CIK: 0001516212
• SEC series ID: S000047463
• Share class ID: C000149006

C000149006 Investment Objective and Strategy

State Street Disciplined Global Equity Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SSGA Active Trust.

Investment objective

The State Street Disciplined Global Equity Portfolio (the “Portfolio”) seeks to provide competitive long-term returns while maintaining low long-term volatility relative to the broad global equity market.

Principal investment strategy

Under normal circumstances, the Portfolio will invest at least 80% of its net assets (plus borrowings, if any, for investment purposes) in equity securities. The Portfolio will provide shareholders with at least sixty (60) days' notice prior to any change in its 80% policy. The notional value of the Portfolio's investments in derivatives or other synthetic instruments that provide exposure comparable, in the judgment of the Adviser, to the foregoing types of investments may be counted toward satisfaction of the Portfolio's 80% policy. The Adviser seeks to select a portfolio of securities that it expects over the long term to exhibit low volatility both in absolute terms and in comparison with the MSCI World Index (the Index) and provide competitive returns as compared with the Index. In seeking to identify stocks offering the potential for capital growth, the Adviser employs a proprietary quantitative process.

The process evaluates the relative attractiveness of eligible securities based on the correlation of certain historical economic and financial factors (such as measures of growth potential, valuation, quality and investor sentiment), and other historical quantitative metrics. Additionally, the process may incorporate an element designed to evaluate the macroeconomic environment and prevailing market conditions. The process is intended to allow the Adviser to evaluate eligible securities and then rank eligible securities in the Portfolio's investment universe in the order of their attractiveness as potential Portfolio investments. The Adviser also uses a quantitative analysis to determine the expected volatility of a stock's market price. Volatility is a statistical measurement of up and down fluctuations in the value of a security over time.

Volatility may result in rapid and dramatic price swings. The Adviser seeks to favor securities with low exposure to market risk factors and low security-specific risk. In determining the exposure of a security to such risk factors, the Adviser may take into account, among other things, such considerations as a security's market capitalization, its price momentum, the security's valuation, the liquidity of the security, the degree to which the issuer is leveraged, and the issuer's growth prospects. The Adviser also implements risk constraints at the overall portfolio level by periodic testing of the Portfolio's composition against proprietary risk models, focusing on such factors as industry and sector exposures, portfolio diversification levels, market capitalization exposure, and geographic exposures.

Through these quantitative processes of security selection and portfolio diversification, the Adviser expects that the Portfolio will be subject to a relatively low level of absolute risk (as defined by statistical measures of volatility, such as standard deviation of returns) and that the Portfolio should exhibit relatively low volatility compared with the Index over the long term. The Adviser will make changes over time in the Portfolio's portfolio to reflect changes in the various risk factors described above. From time to time, the Adviser may make a qualitative judgment not to implement fully the results of the quantitative investment process if it believes that the process did not take into account all of the information relevant to a particular investment or the Portfolio's portfolio in the aggregate, or that a different investment might be more appropriate.

Although the Portfolio targets a low level of volatility in absolute terms and in comparison to the Index, there is no assurance that the Portfolio will achieve its target volatility, and the Portfolio may be subject to significant changes in value over short or longer timeframes. There also can be no assurance that the Portfolio will produce returns in excess of the Index. The Portfolio will generally invest at least 40% of its assets in securities of issuers economically tied to countries other than the United States and will generally hold securities of issuers economically tied to at least three countries, including the United States. The Portfolio will generally consider an investment in an issuer to be tied to a particular country if (i) the issuer is organized in such country or maintains a principal place of business in such country; (ii) the issuer's securities are traded principally in such country; or (iii) during the issuer's most recent fiscal year, it derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in such country or has at least 50% of its assets in such country.

The Portfolio expects to invest primarily in common stocks. The Portfolio may purchase securities in their initial public offerings, and may hold securities that are restricted as to resale. The Portfolio may invest in other investment companies, including exchange-traded funds, to the extent permitted by applicable law (including those advised by the Adviser). The Portfolio may hold a portion of its assets in cash and cash instruments. While the Portfolio may invest in companies of any market capitalization, it expects to primarily invest in large capitalization companies. The Portfolio may invest in derivatives, such as futures contracts, in order to gain broad equity market exposures pending investments of cash, or to reduce market exposures pending the sales of securities. The Portfolio reserves the right to enter into foreign currency futures and forward contracts to hedge currency risk, although the Adviser does not currently anticipate that such transactions will play any significant role of the investment process.

C000149006 Performance

Total returns for C000149006 (as of 2026-10-01), from SEC filings.

C000149006 Risk Information

Risk metrics for C000149006, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 12.9%

C000149006 Costs and Fees

C000149006 costs about $0 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.00%
• Gross expense ratio: 0.25%
• Portfolio turnover: 57%
• Brokerage commissions: 1.94 bps of average net assets (SEC N-CEN)

C000149006 Cashflows

Over the 12 months to 2021-03, State Street Disciplined Global Equity Portfolio had net outflows of $343.55K, from monthly SEC N-PORT filings.

C000149006 Debt Constituents

No individual debt constituents are reported in State Street Disciplined Global Equity Portfolio's latest SEC N-PORT filing.

C000149006 Prospectus and SEC Filings

Official State Street Disciplined Global Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-10-28
• Prospectus (485BPOS) — filed 2019-11-20
• Prospectus (485BPOS) — filed 2018-11-21
• Portfolio holdings (N-PORT) — filed 2021-05-28
• Portfolio holdings (N-PORT) — filed 2021-02-26
• Portfolio holdings (N-PORT) — filed 2020-11-27
• Annual census (N-CEN) — filed 2020-09-10
• Annual census (N-CEN) — filed 2019-09-11

Related Funds

Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity International Fund (FUSIX)
• Strategic Advisers International Fund (FILFX)
• First American Multi-Manager International Equity Fund (FAIEX)
• Symmetry Panoramic International Equity Fund (SPILX)
• FPA Paramount Fund, Inc. (FPRAX)

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.