State Street SPDR S&P/ASX 50 ETF Maintains Stable Position with 9.27 Million Units Outstanding as of July 23, 2026

Fund Structure and Net Asset Value Status as of Late July 2026

The State Street SPDR S&P/ASX 50 ETF’s daily update details the fund’s financial position and portfolio composition. Authorized by the Board of State Street Global Advisors, Australia Services Limited, the report provides comprehensive valuation metrics and index basket holdings as of market close on 22 July 2026. The NAV per unit was $77.18, with the NAV per creation unit calculated at $1,929,492.50, reflecting the fund’s performance and the value of its 50-stock index basket.

Total net assets reached approximately $715.6 million across 9.27 million units outstanding. The index basket shares were valued at $1,929,607.05 per creation unit, with a cash component of $114.55 per creation unit accounting for the difference between the creation unit’s total value and the underlying shares. This pricing framework helps investors understand both NAV and the creation/redemption process that supports liquidity and efficient fund operation.

Diversified 50-Stock Index Basket Covering Banking, Mining, Resources, and Consumer Sectors

The ETF offers exposure to Australia’s largest, most liquid companies through a diversified 50-stock index basket. Key financial institutions include Commonwealth Bank of Australia, National Australia Bank, ANZ Group Holdings, and Westpac Banking Corporation, which collectively form a major portion of the fund’s weighting. Share holdings for these banks range from 1,504 to 3,074 shares per creation unit, underscoring their importance in the Australian equity market and index composition.

In addition to finance, the fund holds significant positions in mining and resources firms such as BHP Group (4,566 shares), Rio Tinto (334 shares), Fortescue (1,494 shares), and South32 (4,032 shares). Other major holdings include Telstra Group (10,056 shares), Wesfarmers (1,020 shares), Woolworths Group (1,098 shares), and infrastructure operators like Transurban Group (2,804 shares) and APA Group (1,190 shares). This broad sector coverage provides investors balanced exposure across key industries underpinning the Australian economy.

Creation Unit Mechanism Facilitates Institutional Access and Fund Liquidity

The ETF uses a creation unit structure allowing authorized participants and institutional investors to apply for or redeem shares in large blocks, maintaining liquidity and ensuring efficient pricing. The NAV per creation unit of $1,929,492.50 represents the total value of a standardized block of the underlying index basket. This mechanism enables institutions to create new units amid high demand or redeem units during selling pressure, keeping the ETF’s market price aligned with its NAV.

The daily update for 23 July 2026 reported no applications or redemptions, indicating stable demand on that trading day. The unchanged units outstanding at 9.27 million reflect investor sentiment and market conditions. This creation/redemption process provides a regulatory framework that supports fund stability and transparent pricing, vital for investors seeking liquid exposure to the S&P/ASX 50 index.

Sector Exposure Includes Energy, Healthcare, and Infrastructure Assets

The ETF’s index basket includes significant holdings in Australia’s energy and utilities sectors through companies like Santos (2,919 shares), Origin Energy (1,548 shares), and APA Group (1,190 shares). It also holds Woodside Energy Group (1,708 shares), offering investors meaningful allocation to energy infrastructure and production assets critical to Australia’s economy and exports. This energy weighting reflects the sector’s importance and provides diversification across commodity cycles and energy transition themes.

Healthcare and technology sectors are represented by CSL Limited (436 shares), Cochlear Limited (59 shares), ResMed Inc CDI (511 shares), Sonic Healthcare (444 shares), and WiseTech Global (190 shares). Insurance exposure includes QBE Insurance Group (1,343 shares), Insurance Australia Group (2,112 shares), and Suncorp Group (973 shares), offering diversified access to defensive consumer staples, growth technology, healthcare, and insurance services supporting the broader economy.

Fund Governance and Regulatory Oversight by State Street Global Advisors

State Street Global Advisors, Australia Services Limited (SSGA, ASL) acts as issuer and Responsible Entity for this Australian registered managed investment scheme. Holding Australian Financial Services Licence (AFSL) number 274900 and ABN 16 108 671 441, SSGA manages ETFs listed on the ASX AQUA market. The daily update was authorized by the Board of State Street Global Advisors, ensuring accurate, timely information on fund composition and valuation as of 22 July 2026’s close.

The fund operates under the State Street SPDR S&P/ASX 50 ETF Constitution, which governs NAV calculation, creation unit composition, and unit application/redemption procedures. This constitution provides legal certainty and transparency on fund operations, unit issuance, redemptions, and asset management. State Street Global Advisors maintains offices at Level 14, 420 George Street, Sydney, supporting local governance and investor communications.

Diversified Exposure Across Consumer, Financial, and Materials Sectors

The index basket includes strong representation from consumer and retail businesses such as Coles Group (1,207 shares), Woolworths Group (1,098 shares), Brambles Limited (1,210 shares), Scentre Group (4,694 shares), and Stockland (2,185 shares), covering retail, property management, and discretionary sectors. Holdings in Wesfarmers (1,020 shares) and other diversified conglomerates further balance the fund’s construction by capturing consumer discretionary and staples sectors sensitive to economic cycles and sentiment.

Materials and industrial exposure includes James Hardie Industries CDI (299 shares), BlueScope Steel (394 shares), and other manufacturing and materials companies. Financial and professional services infrastructure is represented by Computershare (489 shares), while healthcare delivery and pharmaceutical distribution are covered by Medibank Private (2,475 shares) and Sigma Healthcare (5,187 shares). This multi-sector approach aligns the fund’s composition with the diversified S&P/ASX 50 index, providing balanced exposure across economic drivers and industry cycles.

Global Diversification via ADR and CDI Holdings Within the Index

While primarily Australian-listed, the ETF includes international exposure through CHESS Depository Interests (CDIs) and American Depositary Receipts (ADRs). Holdings include Newmont Corp CDI (71 shares), ResMed Inc CDI (511 shares), James Hardie Industries CDI (299 shares), and Light + Wonder Inc CDI (73 shares). These instruments allow Australian investors to access global companies while trading on the ASX, adding valuable international diversification within the domestic equity framework.

The inclusion of international CDIs and ADRs in the S&P/ASX 50 index reflects the globalization of Australian corporate structures and the presence of multinational corporations among the ASX’s largest listings. This global diversification reduces concentration risk in the domestic economy and offers exposure to international growth, US dollar-priced commodities, and companies with significant overseas revenues. Pricing and valuation of these holdings are integrated into daily NAV calculations, ensuring currency and global market impacts are reflected in fund performance.

Investor Insights and ETF Usage for Broad Market Exposure

The State Street SPDR S&P/ASX 50 ETF offers a liquid, efficient vehicle for diversified exposure to Australia’s 50 largest companies. Investors can trade units on the ASX during market hours, benefiting from intraday pricing and liquidity not always available when purchasing all underlying stocks directly. For those seeking broad Australian equity exposure without buying individual shares, the ETF provides a cost-effective, administratively simple solution to track the S&P/ASX 50 index.

Daily updates like the 23 July 2026 report offer transparency on fund composition, valuation methods, and units outstanding, enabling investors to monitor performance and verify holdings relative to market price. Prospective investors should review the product disclosure statement at www.ssga.com to understand the fund’s objectives, risks, fees, and historical performance before investing. The fund’s regulatory compliance and governance ensure assets are managed under Australian financial services law and the fund’s constitution.