State Street SPDR S&P/ASX 50 ETF Posts $717 Million Net Asset Value as of July 24, 2026

State Street SPDR S&P/ASX 50 ETF: Market Role and Fund Management

Managed by State Street Global Advisors Australia Services Limited, the State Street SPDR S&P/ASX 50 ETF is an Australian registered managed investment scheme listed on the ASX and its AQUA market. The fund aims to provide investors broad exposure to Australia’s 50 largest listed companies, offering diversified sector representation. Its ETF structure enables investors to access the Australian share market through a single security, with the fund’s holdings regularly updated to mirror the index methodology.

The daily update released on 23 July 2026 delivers current data on the fund’s valuation and holdings. As the responsible entity and issuer, State Street ensures transparency regarding net asset value, unit counts, and share allocations within the index basket, enabling investors to make informed decisions about their exposure to the Australian market via the ETF.

Fund Valuation and NAV Details as of 24 July 2026

As at 24 July 2026, the State Street SPDR S&P/ASX 50 ETF reported a total net asset value of $717.19 million. The net asset value per unit was $77.36, which serves as both the issue and withdrawal price per unit as specified in the SPDR Product Disclosure Statement. The creation unit net asset value, applicable for minimum parcel applications or redemptions, was $1,933,905.00. A cash component of $127.00 per creation unit was recorded, representing the difference between the creation unit NAV and the value of the underlying index basket shares.

These figures reflect the combined market value of the fund’s 50 holdings as of the close of trading on 23 July 2026. The index basket shares valued at $1,934,032.00 per creation unit demonstrate the fund’s precise alignment with the S&P/ASX 50 Index. Investors can use these metrics to monitor the fund’s performance relative to the broader Australian share market.

Unit Holdings and Investor Flow During the Reporting Period

The fund held 9,271,258 units on issue as at 24 July 2026, with no applications or redemptions recorded during the period. This indicates a stable investor base and no net inflows or outflows on that trading day. The unchanged unit count reflects investors maintaining their holdings without triggering creation or redemption activity.

While primary market flows were static, secondary market trading continues actively as investors buy and sell ETF units on the ASX. The daily update focuses on primary market activity, shedding light on whether the fund attracts new capital or experiences outflows from investors exiting their positions.

Index Basket Composition: Exposure to 50 Leading Australian Companies

The ETF holds shares in 50 of Australia’s largest and most liquid companies. The largest holding by share count is Telstra Group Limited (TLS) with 10,056 shares. Other significant holdings include Scentre Group (SCG) with 4,694 shares, South32 Limited (S32) with 4,032 shares, and Westpac Banking Corporation (WBC) with 3,074 shares. These reflect the top-tier Australian companies by market capitalization. Additional notable holdings include National Australia Bank Limited (NAB) with 2,757 shares, Santos Limited (STO) with 2,919 shares, and PLS Group Limited (PLS) with 2,751 shares.

The fund’s diversified portfolio spans sectors such as financials—with holdings in Commonwealth Bank of Australia (CBA, 1,504 shares), ANZ Group Holdings (ANZ, 2,709 shares), and Macquarie Group (MQG, 319 shares); resources—with BHP Group (BHP, 4,566 shares), Rio Tinto (RIO, 334 shares), Newmont Corporation (NEM, 71 shares), and Lynas Rare Earths (LYC, 832 shares); retail—with Coles Group (COL, 1,207 shares), Woolworths Group (WOW, 1,098 shares), and Wesfarmers (WES, 1,020 shares); and healthcare—with CSL Limited (CSL, 436 shares), ResMed Inc (RMD, 511 shares), and Sonic Healthcare (SHL, 444 shares).

Sector Diversification and Market Exposure Within the ETF

The fund’s 50-stock portfolio offers broad exposure across Australia’s major economic sectors. Financials dominate with major banks and institutions. Energy sector exposure includes Santos, APA Group (APA, 1,190 shares), and Origin Energy (ORG, 1,548 shares). Telecommunications is represented by Telstra, the largest position. Infrastructure and real estate holdings include Transurban Group (TCL, 2,804 shares), Brambles (BXB, 1,210 shares), Goodman Group (GMG, 1,838 shares), and Stockland (SGP, 2,185 shares). Industrial and manufacturing exposure comes from BlueScope Steel (BSL, 394 shares), James Hardie Industries (JHX, 299 shares), and Computershare (CPU, 489 shares).

Growth sectors are represented by companies like WiseTech Global (WTC, 190 shares), Xero Limited (XRO, 153 shares), and Cochlear Limited (COH, 59 shares). Insurance holdings include QBE Insurance Group (QBE, 1,343 shares), Insurance Australia Group (IAG, 2,112 shares), and Suncorp Group (SUN, 973 shares). Specialty healthcare and aged care exposure is provided by Medibank Private (MPL, 2,475 shares) and Sigma Healthcare (SIG, 5,187 shares). This sector diversification aims to deliver a representative cross-section of the Australian share market through a single ETF.

Index Methodology and Its Impact on Fund Holdings

The ETF tracks the S&P/ASX 50 Index, constructed by Standard & Poor’s, which selects the 50 largest ASX-listed companies by market capitalization, subject to liquidity and free-float criteria to ensure tradability. The index serves as a benchmark representing Australia’s largest and most actively traded stocks. Periodic reviews adjust the index composition based on market capitalization rankings.

The fund employs a full replication strategy, holding all 50 constituent companies in the same weightings as the index. This approach ensures precise tracking but requires active management to maintain alignment as the index changes. The daily update reflects holdings and weightings as of the close of trading, providing transparency on capital allocation across the constituents.

State Street Global Advisors: Fund Manager and Responsible Entity

State Street Global Advisors Australia Services Limited (SSGA, ASL) acts as both issuer and responsible entity for the ETF. Holding AFSL number 274900 and registered with ASIC, SSGA, ASL ensures the fund complies with its constitution, the Corporations Act, and ASIC regulations. Responsibilities include managing cash flows, record-keeping, publishing valuation updates, and meeting investor disclosure requirements.

SSGA, ASL’s registered office is Level 14, 420 George Street, Sydney, NSW 2000, with contact number 612 9240-7600. The company provides a Product Disclosure Statement (PDS) on www.ssga.com detailing investment objectives, risks, fees, and terms. As fund manager, SSGA, ASL executes trades to maintain index alignment, manages creation and redemption transactions on the primary market, and provides daily valuation and unit holding updates to the ASX.

Daily Fund Updates: Reporting and Investor Transparency

The daily fund update published on 23 July 2026 is a routine disclosure to the ASX covering the fund’s valuation and holdings. These updates are released on trading days, offering investors current data on net asset value per unit, total fund value, and unit holding changes. The announcement, approved by the State Street Global Advisors Board, ensures governance and accuracy before publication.

This update format provides essential data for investors to assess the fund’s valuation relative to the underlying index and market. The NAV per unit ($77.36) enables comparison with the S&P/ASX 50 Index for tracking accuracy. The creation unit NAV ($1,933,905.00) and cash component ($127.00) are key for market makers and institutional participants involved in creation and redemption. The total fund NAV of $717.19 million contextualizes the fund’s scale within the Australian ETF landscape.

Regulatory Compliance and Investor Disclosures

Operating as an Australian registered managed investment scheme on the ASX, the State Street SPDR S&P/ASX 50 ETF complies with ASIC oversight. SSGA, ASL’s AFSL 274900 authorizes fund operation and financial services provision. Compliance with the Corporations Act 2001, ASX Listing Rules for managed schemes, and ASIC regulatory guides is mandatory.

The announcement includes disclaimers emphasizing that the information is general and does not consider individual financial circumstances, advising investors to seek professional advice. It notes that SPDR and S&P are trademarks of Standard & Poor’s Financial Services LLC, and ASX is a registered trademark of ASX Operations Pty Limited, all licensed to SSGA, ASL. It clarifies that SPDR products are not sponsored or endorsed by these entities and that they bear no liability regarding the ETF or investment decisions.

Investor Considerations and Monitoring Recommendations

Investors in the State Street SPDR S&P/ASX 50 ETF should monitor key metrics such as the NAV per unit relative to the S&P/ASX 50 Index to ensure effective tracking. Significant deviations may present arbitrage opportunities or signal operational issues. Changes in unit holdings and fund size provide insight into investor sentiment and market trends. Primary market flows—applications and redemptions—indicate capital inflows or outflows.

Monitoring the index composition is important, as periodic rebalancing may add or remove companies, affecting sector exposure and risk. Awareness of index methodology changes is also crucial. Investors should regularly review the fund’s Product Disclosure Statement and updates on fees or terms to ensure alignment with their investment goals.