State Street SPDR S&P/ASX 200 ETF Maintains 83.2 Million Units with $6.56 Billion Fund Valuation as of July 23, 2026

Comprehensive Fund Structure Covering 200 Australian Securities

The State Street SPDR S&P/ASX 200 ETF is an Australian registered managed investment scheme listed on the ASX AQUA market. It tracks the S&P/ASX 200 index, providing exposure to Australia's largest publicly traded companies spanning sectors such as financial services, materials, energy, healthcare, industrials, consumer discretionary, and utilities. The index basket includes exactly 200 stocks, from major banks to smaller-cap companies within the Australian equities market.

This fund structure offers investors diversified Australian equity exposure through a single vehicle, mitigating concentration risk while maintaining broad market representation. The update details exact shareholdings, highlighting major allocations to large-cap firms like Commonwealth Bank of Australia (1,233 shares), National Australia Bank Limited (2,261 shares), and Westpac Banking Corporation (2,521 shares), alongside smaller stakes in mid-cap and emerging growth companies listed on the ASX.

Fund Valuation and Unit Metrics as of July 23, 2026

On July 23, 2026, the State Street SPDR S&P/ASX 200 ETF’s total valuation was $6,558,555,233.81, with a net asset value per unit of $78.82. The cash component per creation unit was $14.97, and the index basket shares were valued at $1,970,400.03 based on the prior trading day, July 22, 2026. These figures reflect the fund’s daily rebalancing and valuation processes, ensuring precise pricing for investors entering or exiting the fund.

The unit count remained unchanged at 83,212,898 units throughout the trading day, with no applications or redemptions recorded, indicating stable fund flows. This stability combined with transparent valuation data provides investors with clear insights into fund size, performance, and pricing for new creation units issued to authorised participants.

Portfolio Holdings and Sector Allocation Overview

The portfolio offers broad sector representation across the Australian economy. Financial services dominate with holdings in Commonwealth Bank, National Australia Bank, Westpac, and regional financial institutions. The fund also holds significant positions in mining and materials companies such as BHP Group (3,745 shares), Rio Tinto (274 shares), and Fortescue Limited (1,225 shares), enabling exposure to commodity cycles and resource sector trends.

Real estate investment trusts are well represented with holdings in Charter Hall Group, Scentre Group (3,849 shares), and other property-focused firms. Energy sector exposure includes Santos, Woodside Energy Group, and Origin Energy, granting access to Australia's oil, gas, and renewable energy markets. Consumer discretionary and healthcare sectors feature companies like Aristocrat Leisure, JB Hi-Fi, Cochlear, and CSL Limited, providing diversified exposure beyond resources and financials.

Daily Operations and Creation Unit Process

The update explains the daily operational mechanics of the fund. Creation units allow authorised participants, typically institutional investors or market makers, to issue new ETF shares. The $14.97 cash component per creation unit represents the cash held, with the remainder invested in the index basket shares. This structure supports efficient management of creations and redemptions while maintaining close tracking of the S&P/ASX 200 index.

No applications or redemptions on July 23, 2026, indicate a balanced fund flow period, allowing consistent portfolio positioning without major rebalancing. Daily reporting of unit counts and application-redemption activity enables investors and market participants to monitor liquidity and capital flows, essential for assessing demand for ASX 200 index exposure.

Regulatory Oversight and Responsible Entity Details

State Street Global Advisors, Australia Services Limited acts as both issuer and responsible entity for the ETF under Australian Financial Services License (AFSL) Number 274900. The company’s registered office is located at Level 14, 420 George Street, Sydney, NSW 2000, and it is regulated by the Australian Securities and Investments Commission. The fund operates as an Australian registered managed investment scheme, governed by managed investments legislation and ASX listing rules to ensure investor protection and transparency.

The responsible entity oversees fund administration, portfolio management, and compliance. With extensive global experience managing exchange-traded products, State Street Global Advisors brings professional fund management to Australian investors. The update clarifies SSGA’s role as issuer and responsible entity, distinct from the index provider Standard & Poor's Financial Services LLC, ensuring clear accountability for fund performance and regulatory compliance.

Index Tracking Accuracy and Asset Allocation Breakdown

The net asset value per unit of $78.82 reflects the total value of 200 constituent shareholdings divided by units outstanding. Diversification across all 200 stocks in precise quantities enables accurate tracking of the S&P/ASX 200 index. Largest holdings include Telstra Group (8,246 shares), Scentre Group (3,849 shares), and Mirvac Group (2,908 shares), consistent with the index’s market capitalization weighting.

Smaller-cap stocks like Cochlear Limited (48 shares) and Pro Medicus Limited (41 shares) are held in proportionally smaller amounts, maintaining the fund’s alignment with index weightings. Investors can compare net asset value per unit against the S&P/ASX 200 index level to evaluate tracking differences caused by cash drag, expenses, or rebalancing.

Sector Risks and Market Exposure Considerations

The fund’s portfolio exposes investors to sector-specific risks inherent in the Australian economy. Heavy financial services weighting introduces sensitivity to interest rates, credit conditions, and regulatory changes. Mining and materials exposure carries commodity price volatility linked to global demand for iron ore, gold, and coal. Energy holdings are subject to oil and gas price fluctuations, renewable energy adoption, and carbon policy impacts.

Real estate investment trusts face risks from commercial property market dynamics, borrowing costs, and occupancy rates. Technology and healthcare sectors offer growth potential but entail volatility typical of innovation-driven industries. The broad diversification across 200 stocks and multiple sectors provides extensive market exposure while subjecting the portfolio to various economic cycles, regulatory environments, and company-specific risks.

Investor Disclosures and Product Information Guidance

State Street Global Advisors stresses that this fund update is for general informational purposes and does not consider individual investor objectives or financial circumstances. Prospective and current investors are advised to review the product disclosure document available at www.ssga.com before purchasing or holding units. This disclosure complies with Australian financial services laws, ensuring investors receive full details on fund features, risks, fees, tax treatment, and investment strategy.

The update is not a solicitation to buy or sell securities but a factual report of fund valuation and composition. Investors seeking suitability assessments should consult qualified financial advisers. This approach aligns with regulatory protections for retail investors while providing technical data for professional portfolio management.

Licensing and Trademark Agreements Supporting Fund Branding

State Street Global Advisors licenses the SPDR and Standard & Poor's index trademarks from Standard & Poor's Financial Services LLC, allowing use of the S&P/ASX 200 index name in fund branding and marketing. The ASX trademark is licensed from ASX Operations Pty Limited, permitting listing on the ASX AQUA market. These agreements establish clear intellectual property rights and support the fund’s market recognition.

The update notes that SPDR products are not sponsored, endorsed, or promoted by Standard & Poor's Financial Services LLC, preserving the index provider’s independence and protecting index integrity. This separation ensures the S&P/ASX 200 index remains an unbiased benchmark used across competing investment products, benefiting investors through transparent licensing and operational accountability among service providers.