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SPDR MSCI ACWI ex-US ETF (CWI)
Fund Objective Why was this benchmark selected?

The SPDRŽ MSCI ACWIsm ex-US ETF, before expenses, seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWIsm ex USA Index (ticker: NDUEACWZ), an equity index based upon a broad based world ex-US composite market.

Ordinary brokerage commissions may apply.

  Market Price
  As of 07/03/2008
  Closing Price $36.31  
  Bid/Ask $36.29  
  Premium/Discount 451.28%  
  Day High $36.44  
  Day Low $35.96  
  Exchange Volume (shares) 52,600  
  Premium Discount to Nav Chart
  Net Asset Value
  As of 07/03/2008
  Price $36.30  
  Shares Outstanding 8,800,000  
  Total Net Assets $319,448,812.18  
  Most Recent NAV / NAV History
  Performance  
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

  Fund Before Taxes      Fund After Taxes
Month End Performance
Total Return * Index Market Value NAV
  As of 05/31/2008 As of 05/31/2008 As of 05/31/2008
QTD 7.99%   8.41%   8.11%  
YTD -1.79%   -1.40%   -1.72%  
Annualized      
1 Year 3.04%   2.12%   2.07%  
3 Year N/A   N/A   N/A  
5 Year N/A   N/A   N/A  
Since Inception 12.53%   11.96%   11.66%  
Quarter End Performance
Total Return Index Market Value NAV
  As of 03/31/2008 As of 03/31/2008 As of 03/31/2008
QTD -9.06%   -9.05%   -9.09%  
YTD -9.06%   -9.05%   -9.09%  
Annualized      
1 Year 2.58%   0.80%   1.18%  
3 Year N/A   N/A   N/A  
5 Year N/A   N/A   N/A  
Since Inception 7.50%   6.44%   6.36%  
Fund Inception Date: 01/10/2007
Top Holdings ‡
As of 04/30/2008
Security Name Fund
Weight
Bp 1.39%
Hsbc Hldgs 1.11%
Nestle Sa 1.09%
Total 1.02%
Vodafone Group 1.01%
Taiwan Semicon Man 0.87%
Royal Dutch Shell 0.87%
Toyota Motor Corp 0.81%
Bhp Billiton Ltd 0.81%
Glaxosmithkline 0.75%
View/Download All Holdings
  Top Sectors
  As of 04/30/2008
        View/Download All Holdings  
  Country Weights
  As of 04/30/2008
  United Kingdom 16.36%       South Africa 1.35%  
  Japan 15.29%       Singapore 0.98%  
  France 7.95%       Mexico 0.97%  
  Canada 7.03%       Belgium 0.85%  
  Germany 6.90%       Norway 0.84%  
  Australia 5.18%       Denmark 0.74%  
  Switzerland 5.13%       Thailand 0.56%  
  Spain 3.72%       Ireland 0.47%  
  Italy 2.89%       Austria 0.45%  
  Korea 2.79%       Israel - Domestic 0.41%  
  China 2.44%       Greece 0.40%  
  Brazil 2.40%       Indonesia 0.26%  
  Netherlands 2.38%       Portugal 0.23%  
  Hong Kong 1.92%       Turkey 0.21%  
  Taiwan 1.79%       Hungary 0.19%  
  Russia 1.74%       Chile 0.17%  
  Sweden 1.69%       Poland 0.13%  
  India 1.61%       Luxembourg 0.10%  
  Finland 1.46%            
  Fund Characteristics
  As of 04/30/2008
  Dividend Yield N/A%  
  FY1 P/E Ratio 12.51  
  Number of Holdings 632  
  Price/Book Ratio 2.01  
  Weighted Average Market Cap $M $59,275.35  
  Fund Information
  As of 07/05/2008
  Ticker Symbol CWI  
  CUSIP 78463X848  
  Marginable Yes  
  Short Selling Allowed Yes  
  Gross Expense Ratio 0.35%  
  Inception Date 01/10/2007  
  Primary Benchmark MSCI ACWI ex USA Index  
  Investment Manager SSgA Funds Management, Inc.  
  Management Team ETF Management Team  
  Distributor State Street Global Markets, LLC  
  Distribution Frequency Semi-Annually  
  Fund Documents