SPDR S&P Euro Dividend Aristocrats (Dist)

Description

SPDR S&P Euro Dividend Aristocrats (Dist) is a equity ETF from SPDR tracking the S&P Euro High Yield Dividend Aristocrats index through physical (full) replication. Domiciled in Ireland and launched in 2012, the fund manages about 1.7 bn € and charges a TER of 0.30% — 30 € per year on a €10,000 investment. Income is paid out to investors periodically (distributing).

The fund in context

SPDR S&P Euro Dividend Aristocrats (Dist) competes with 87 other products in the same class and region (Equity, Eurozone): it ranks 17th by fund size and 61st by ongoing cost, with a TER of 0.30% against a group median of 0.20%. It has been listed since 2012, 14 years of track record.

On a €10,000 investment the TER costs 30 € a year, against 20 € for the median product in the category.

Replication is physical and full: the fund actually holds every security in the index, in the index weights.

Income is distributed periodically: it produces cash flow, but reinvesting it is up to you if the goal is capital growth. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.

Stock exchange listings

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