Key distribution details for investors

State Street Global Advisors, Australia Services Limited, has unveiled the distribution specifics for the SPDR S&P/ASX 200 Fund (STW) for the period concluding on 31 December 2024. The distribution comprises 77.0530 cents per unit in cash, augmented by franking credits worth 24.8568 cents per unit and foreign tax credits of 0.1269 cents per unit. The record date for this distribution is 31 December 2024, with payments scheduled for 13 January 2025.

Comprehensive summary and outlook

State Street Global Advisors has detailed the distribution for the SPDR S&P/ASX 200 Fund (STW), consisting of cash, franking credits, and foreign tax credits. The distribution is primarily composed of net franked dividends, with additional components such as conduit foreign income and other non-assessable amounts. Units will trade ex-distribution from 30 December 2024, and the primary market will see temporary closure. The Distribution Reinvestment Plan is operational, allowing reinvestment of distributions except for US investors. The fund is classified as a managed investment trust, providing tax advantages. Investors are advised to review their options and seek professional advice. The announcement underscores State Street's strategic focus on delivering value and broad market exposure through its diversified fund offerings.

Executive commentary on distribution

The distribution announcement for the SPDR S&P/ASX 200 Fund reflects our commitment to providing substantial benefits to our investors, including significant franking credits. We continue to offer broad exposure to Australian equities, which remains a cornerstone of our investment strategy.