State Street SPDR S&P/ASX 200 Listed Property ETF Reports Stable NAV of $12.40 Per Unit on 23 July 2026

State Street’s SPDR Property ETF: Daily NAV and Fund Structure Overview

State Street Global Advisors, Australia Services Limited published its daily fund update for the State Street SPDR S&P/ASX 200 Listed Property ETF, providing investors with transparent pricing and portfolio data. Authorized by the Board of State Street Global Advisors, Australia Services Limited, the update reflects the ETF’s valuation as of market close on 23 July 2026. The NAV per unit was calculated at $12.40, representing both the issue price and redemption amount for investors transacting in the fund. This daily reporting ensures market participants receive up-to-date information on the fund’s value and holdings.

The ETF operates as an Australian registered managed investment scheme listed on the ASX’s AQUA market and the ASX itself. State Street Global Advisors, Australia Services Limited holds AFSL Number 274900 and ABN 16 108 671 441, with offices at Level 14, 420 George Street, Sydney, NSW 2000. As the Responsible Entity, the company ensures compliance with the fund’s constitution and accurate daily NAV calculations. The NAV per Creation Unit, relevant for bulk creation and redemption transactions, was reported at $620,190.00 on the trade date.

Portfolio Exposure to 18 Australian Listed Property Securities

The ETF’s portfolio includes 18 listed property securities spanning the Australian real estate investment and property management sectors. Key holdings include Mirvac Group (MGR) with 15,977 shares, Vicinity Centres (VCX) with 15,971 shares, and Scentre Group (SCG) with 21,148 shares. These represent major weightings within the fund, reflecting concentration in Australia’s largest diversified property groups. Other significant holdings include GPT Group (GPT) with 7,756 shares, Homeco Daily Needs REIT (HDN) with 7,614 shares, and Goodman Group (GMG) with 8,279 shares.

Additional portfolio constituents are Stockland (SGP) with 9,846 shares, Charter Hall Group (CHC) with 1,915 shares, Charter Hall Long Wale REIT (CLW) with 2,679 shares, and Charter Hall Retail REIT (CQR) with 2,047 shares. The fund also holds Dexus/AU (DXS) with 4,343 shares, Region Group (RGN) with 4,651 shares, Centuria Industrial REIT (CIP) with 2,124 shares, Centuria Capital Group (CNI) with 3,650 shares, Arena REIT (ARF) with 1,646 shares, Ingenia Communities Group (INA) with 1,650 shares, BWP Property Group (BWP) with 2,480 shares, and Waypoint REIT (WPR) with 2,644 shares. This diversified portfolio offers broad exposure across industrial, retail, residential, and specialty property segments within the Australian listed property market.

Total Fund NAV and Unit Issuance on 23 July 2026

As of the close of trading on 23 July 2026, the State Street SPDR S&P/ASX 200 Listed Property ETF reported a total NAV of $486,230,868.49. This figure represents the aggregate value of all portfolio assets, cash, and other holdings. The NAV per unit of $12.40 was calculated by dividing the total NAV by the 39,200,001 units outstanding, consistent with the fund’s constitution. This methodology ensures transparent and consistent valuation of unit holders’ interests.

The fund’s unit count remained steady at 39,200,001 units throughout the trading day, with zero applications or redemptions recorded, indicating stable investor engagement on that date. The value of the index basket shares comprising the creation unit was $620,167.45, accompanied by a rounding component of $22.55 and an adjustment amount of $0.00, illustrating the precise mechanics of the ETF’s daily valuation process.

Enhancing Transparency and Investor Confidence Through Daily NAV Reporting

State Street Global Advisors’ daily fund update exemplifies the transparency standards required for ETFs on Australian exchanges. Each trading day, the Responsible Entity calculates and discloses the NAV per unit, NAV per Creation Unit, and total fund NAV, providing investors with timely data for informed decision-making. The rounding component of $22.55 accounts for minor discrepancies between the NAV per creation basket and the exact value of the index parcel, reflecting practical adjustments needed for precise pricing.

The adjustment amount of $0.00 on 23 July 2026 indicates no undistributed net income per creation unit was held in liquid investments on that day. This figure is relevant when the fund receives income or distributions not yet reinvested or paid to unit holders. By separately disclosing these components, State Street Global Advisors offers investors and advisers detailed insight into the NAV’s composition, distinguishing between underlying securities and cash or income adjustments. This transparency aligns with ASX and regulatory requirements for listed investment products.

ETF Applications and Redemptions Activity on 23 July 2026

The update recorded zero applications and redemptions on 23 July 2026, keeping the total units on issue at 39,200,001. This data provides insight into ETF investor activity and capital flows on that specific trading day. While a day without applications or redemptions may seem routine, tracking this data over time helps analyze investor sentiment trends toward Australian listed property securities.

Institutional investors and market makers create new units by depositing the index basket plus a cash adjustment, and redeem units in exchange for the basket plus cash. The absence of these transactions on 23 July 2026 reflects the day’s specific market activity and does not imply reduced liquidity. Retail and other investors trade ETF units on the ASX secondary market, where prices may vary slightly from NAV due to supply and demand. Daily disclosure of applications and redemptions enhances transparency regarding large-scale fund structural changes.

State Street Global Advisors’ Role as Fund Issuer and Responsible Entity

State Street Global Advisors, Australia Services Limited acts as both the unit issuer and Responsible Entity for the State Street SPDR S&P/ASX 200 Listed Property ETF, operating under its AFSL and managed investment scheme regulations. Its fiduciary duties include ensuring the fund complies with its constitution, accurate valuation calculations, and safeguarding investor interests. The 23 July 2026 update reflects these responsibilities through transparent reporting of fund valuations and structural details.

State Street Corporation is a global financial services firm with extensive Australian operations and worldwide investment management and custody services. The SPDR brand, owned by State Street Corporation and licensed to State Street Global Advisors, encompasses a significant portion of the company’s Australian ETF offerings. The ETF tracks the S&P/ASX 200 Listed Property Index, maintained by Standard & Poor’s Financial Services LLC, ensuring regulated, accountable fund management and index methodology.

Compliance and Regulatory Oversight of the Daily Fund Update

The daily fund update is authorized by the Board of State Street Global Advisors, Australia Services Limited, confirming the accuracy and verification of disclosed data prior to publication. This governance ensures compliance with ASX listing rules and ASIC continuous disclosure requirements for registered managed investment schemes.

State Street Global Advisors notes that the update provides general information only and does not consider individual investor circumstances. Investors are advised to seek professional financial advice and review the product disclosure statement at www.ssga.com before investing or continuing to hold ETF units. The update is not a solicitation to buy or sell securities, emphasizing its informational purpose.

Australian Property Sector Exposure and Index Methodology

The State Street SPDR S&P/ASX 200 Listed Property ETF offers targeted exposure to Australian listed property via the S&P/ASX 200 Listed Property Index. This index focuses on large-cap, established listed property companies, excluding smaller caps and unlisted property vehicles. The 18 constituents represent the index universe as of the update date. By tracking this index, the ETF provides investors with a liquid, cost-efficient way to access key players in Australian real estate investment and management.

The fund’s property sector coverage spans diversified groups like Mirvac, GPT Group, and Stockland; shopping centre operators such as Scentre Group and Vicinity Centres; industrial and logistics providers including Goodman Group and Dexus; retail specialists like Charter Hall entities; and specialist segments such as aged care via Ingenia Communities Group and daily needs assets through Homeco Daily Needs REIT. This broad representation enables balanced sector exposure without requiring investors to select individual securities. The index methodology, maintained by Standard & Poor’s Financial Services LLC, ensures consistent and transparent security inclusion and weighting.

Market Liquidity and Trading Context for SLF Units

Quoted on the ASX AQUA market and the ASX, the State Street SPDR S&P/ASX 200 Listed Property ETF provides investors with secondary market liquidity for intraday trading. The daily NAV serves as a fair value benchmark, although market prices may fluctuate due to supply-demand dynamics and bid-ask spreads. With a total NAV exceeding $486 million and 39.2 million units outstanding, the ETF offers reasonable liquidity and typically tight spreads for both retail and institutional investors.

This daily fund update is an essential resource for market participants monitoring the Australian property sector through listed property equities. Investors can track NAV movements to evaluate their exposure’s performance relative to the underlying index. Financial advisers can reference disclosed NAV and portfolio details when assessing client portfolios or discussing allocation changes. The transparency from daily reporting supports efficient secondary market pricing and trading of SLF units.