Thursday 23 April 2009

SSgA: SPDRS Australia - Frequently Asked Questions

Here is the summary of fees on SPDRs ETFs in Australia:

The total annual operating fees and expenses for the SPDR 50 and the SPDR 200 funds are currently capped at 0.286% pa. of the Net Asset Value of the fund, calculated and accrued on a daily basis. The total annual operating fees and expenses for the SPDR Listed Property Fund are currently capped at 0.40% pa. of the Net Asset Value of the fund, calculated and accrued on a daily basis. The cap excludes transactional fees incurred, such as brokerage and transactional fees charged by custodians and registrars. Transactional fees may therefore be charged in addition to the cap. The cap does not apply to extraordinary fees and expenses or those that were not contemplated at the date of the SPDR Product Disclosure Statement. Investors will also be liable for customary brokerage when buying, selling and redeeming units through a broker. Transaction fees are also payable for those who use the in-kind application and redemption facility. The SPDRs Product Disclosure Statement contains further information on fees and expenses.

SSgA: SPDRS Australia - Frequently Asked Questions

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