The State Street International Stock Selection Fund (the "Fund") seeks to provide long-term capital growth by investing primarily in securities of foreign issuers.
Ticker Symbol | SSILX | |
Primary Benchmark | MSCI EAFE Net Dividend Index | |
CUSIP | 784924276 | |
Options Available | No | |
Gross Expense Ratio | 1.44% | |
Net Expense Ratio |
^The Fund's investment adviser, SSGA Funds Management, Inc. (the "Adviser" or "SSGA FM"), is contractually obligated until December 31, 2019 (i) to waive up to the full amount of the advisory fee payable by the Fund, and/or (ii) to reimburse the Fund to the extent that Total Annual Fund Operating Expenses (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and expenses, and distribution, shareholder servicing and subtransfer agency fees) exceed 0.75% of average daily net assets on an annual basis. This waiver and/or reimbursement may not be terminated prior to December 31, 2019 except with the approval of the Fund's Board of Trustees. SSGA FM has contractually agreed to waive 0.01% of its administration fee. This waiver may not be terminated or modified except with the approval of the Fund's Board of Trustees. |
1.20% |
Inception Date | 07/07/2014 | |
Investment Manager | SSGA Funds Management, Inc. | |
Management Team | Active Quantitative Equities | |
Distributor | State Street Global Advisors Funds Distributors, LLC | |
Distribution Frequency | Annually | |
Exchange | NASDAQ REGULAR MARKET |
30 Day SEC Yield | 2.11% | |
30 Day SEC Yield (Unsubsidized) | 1.85% |
NAV | $10.40 | |
Percent Change | -0.10% | |
Price Change | -$0.01 | |
Shares Outstanding | 429,020 | |
Total Net Assets | $4.46 M |
Month End As of 11/30/2019 |
Quarter End As of 09/30/2019 |
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At NAV | At POP | At NAV | At POP | |
1 Month | 0.79% | -4.47% | 2.92% | -2.47% |
QTD | 4.05% | -1.44% | -3.14% | -8.19% |
YTD | 12.73% | 6.87% | 8.34% | 2.71% |
1 Year | 7.97% | 2.28% | -5.87% | -10.78% |
3 Year | 5.23% | 3.35% | 2.75% | 0.91% |
5 Year | 1.83% | 0.73% | 1.14% | 0.06% |
10 Year | 3.74% | 3.18% | 3.48% | 2.92% |
Inception |
3.87% | 3.65% | 3.73% | 3.50% |
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. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
POP Performance shown for the periods prior to the inception of Class A shares on July 7, 2014 reflects the historical performance of the fund’s Class N shares adjusted to reflect the higher expenses of Class A shares, estimated for their first year of operations, including applicable 12b-1 fees and the maximum sales load of Class A (5.25% for Equity Funds and 3.75% for Fixed Income Funds). NAV Performance shown for the periods prior to the inception of Class A shares on July 7, 2014 reflects the historical performance of the fund’s Class N shares adjusted to reflect the higher expenses of Class A shares, estimated for their first year of operations,including applicable 12b-1 fees.
Minimum Investments
Initial $2,000.00
Initial AIP $100.00
Additional AIP $100.00
Brokerage Availability
SSGA Funds are available through most major broker/dealer and supermarket platforms. If you are an investment advisor and have questions regarding platform availability, please call 800-997-7327. Otherwise, please call 877-521-4083.
To Purchase by wire
You may make initial or subsequent investments by wiring federal funds to State Street, as Transfer Agent by:
1. Telephoning the Customer Service Department at 1-800-647-7327 between 8:00 a.m. and 4:00 p.m., Eastern Time, and stating: (a) your account registration number, address and social security or tax identification number, (b) the name of the fund in which the investment is to be made and the account number, and (c) the exact amount being wired.
2. Instructing the wiring bank to wire federal funds to:
State Street Bank and Trust Co.
Boston, MA 02110
ABA# 0110-0002-8
DDA#9904-631-0
Attn: SSGA (State Street International Stock Selection Fund - Class A)
Account Number and Registration
Dollar Amount Per Account (if one wire is to cover more than one purchase)
Correspondence Information
SSGA Funds
1 Iron Street
Boston, MA 02210
1-800-647-7327
Annualized | |||||||||
---|---|---|---|---|---|---|---|---|---|
As of | 1 Month | QTD | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception 03/07/1995 |
|
Month End | |||||||||
Fund at NAV | 11/30/2019 | 0.79% | 4.05% | 12.73% | 7.97% | 5.23% | 1.83% | 3.74% | 3.87% |
Fund at POP | 11/30/2019 | -4.47% | -1.44% | 6.87% | 2.28% | 3.35% | 0.73% | 3.18% | 3.65% |
MSCI EAFE Net Dividend Index | 11/30/2019 | 1.13% | 4.76% | 18.17% | 12.44% | 9.62% | 4.26% | 5.32% | 5.25% |
Quarter End | |||||||||
Fund at NAV | 09/30/2019 | 2.92% | -3.14% | 8.34% | -5.87% | 2.75% | 1.14% | 3.48% | 3.73% |
Fund at POP | 09/30/2019 | -2.47% | -8.19% | 2.71% | -10.78% | 0.91% | 0.06% | 2.92% | 3.50% |
MSCI EAFE Net Dividend Index | 09/30/2019 | 2.87% | -1.07% | 12.80% | -1.34% | 6.48% | 3.27% | 4.90% | 5.09% |
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. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
POP Performance shown for the periods prior to the inception of Class A shares on July 7, 2014 reflects the historical performance of the fund’s Class N shares adjusted to reflect the higher expenses of Class A shares, estimated for their first year of operations, including applicable 12b-1 fees and the maximum sales load of Class A (5.25% for Equity Funds and 3.75% for Fixed Income Funds). NAV Performance shown for the periods prior to the inception of Class A shares on July 7, 2014 reflects the historical performance of the fund’s Class N shares adjusted to reflect the higher expenses of Class A shares, estimated for their first year of operations,including applicable 12b-1 fees.
Gross Expense Ratio: 1.44%
Net Expense Ratio: 1.20%
Quarter End as of 09/30/2019
Fund Inception Date: 03/07/1995
Index Inception Date: 03/01/1995
Name | Weight |
---|---|
Nestle S.A. | 2.76 % |
Roche Holding AG | 2.48 % |
Novartis AG | 2.36 % |
Toyota Motor Corp. | 2.05 % |
GlaxoSmithKline plc | 1.77 % |
Sanofi | 1.70 % |
Allianz SE | 1.62 % |
L'Oreal SA | 1.44 % |
Mitsubishi UFJ Financial Group Inc. | 1.42 % |
Novo Nordisk A/S Class B | 1.40 % |
Japan | 25.58% |
United Kingdom | 14.79% |
Switzerland | 10.77% |
France | 10.00% |
Australia | 8.51% |
Germany | 7.17% |
Sweden | 4.05% |
Italy | 3.85% |
Netherlands | 3.29% |
Norway | 2.10% |
Singapore | 1.81% |
Hong Kong | 1.70% |
Austria | 1.60% |
Denmark | 1.60% |
Spain | 1.32% |
Israel | 0.87% |
Belgium | 0.59% |
Portugal | 0.19% |
Finland | 0.17% |
New Zealand | 0.04% |
Public Offering Price (POP) - POP is equal to a Fund’s Net Asset Value plus sales charges, if any. As with the Net Asset Value, the public offering price (POP) will typically change on a day to day basis. The Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) is 5.25% for Equity Funds, 3.75% for Fixed Income Funds and 4.50% for Target Retirement Funds.
Unless otherwise noted all information contained herein is that of the State Street International Stock Selection Fund - Class A.
The financial products described herein are indexed to an MSCI index. The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based.
The MSCI EAFE® Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization index that is designed to measure developed market equity performance, excluding the US & Canada. As of December 2003 the MSCI EAFE Index consisted of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. The Index is unmanaged and can not be invested in directly.
Prior to 10/12/2018, the State Street International Stock Selection Fund - Class A was known as the SSGA International Stock Selection Fund - Class A.