Australia's largest ETF ‘highly recommended’

SPDR ETF exchange traded fund ETFs State Street Global investors funds management investment management

21 November 2016
| By Anonymous (not verified) |
expand image

One of Australia's oldest and largest exchange traded fund (ETF) has received a ‘highly recommended' rating from ratings agency, Lonsec Research.

The State Street Global Advisors' ETF business, SPDR, managed the S&P/ASX 200 fund (STW) that was Australia's largest ETF, with $2.8 billion in assets under management.

It was also the first ETF that launched on the Australian Securities Exchange (ASX) 15 years ago, alongside SPDR's S&P/ASX 50 fund, the ETF manager said.

Lonsec said it had very strong conviction that STW could generate risk adjusted returns in line with its objectives.

The ratings house also said the fund was also considered to be priced at a preferred entry point for its asset class/strategy.

In the rating report, Lonsec also said "the fund was an efficient, liquid and cost effective means for investors to gain index exposure to Australian equity markets".

SPDR's S&P ASX 200 has outperformed the index by two per cent, according to the Money Management Investment Centre (MMIC).

For more information about the fund, or to see how it has performed since 2012, click here.


Read more about:


Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry



Planners will be in short supply, with only 376 in FY23–24. In my experience, of this number, only around 20% to 30% wi...

7 hours 39 minutes ago
Peter James

As usual there is no delineation in the article between risk specialist advisers and investment specialist advisers. Thi...

8 hours 43 minutes ago
Mark Harris

Is he serious, improvements from legislation change, all I see is more ASIC compliance and higher costs, this government...

9 hours 39 minutes ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

1 week 5 days ago

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

3 weeks 1 day ago

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

5 days 4 hours ago


Fund name
Ardea Diversified Bond F
144.00 3 y p.a(%)
Hills International
63.39 3 y p.a(%)