Morningstar Fund Report  | 05/04/2025Print

State Street ACS Multi-Factor Global ESG Index Equity Fund U2

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
State Street ACS Multi-Factor Global ESG Index Equity Fund U2
Fund25.3-7.09.314.8-3.4
+/-Cat7.32.4-3.40.50.2
+/-B’mrk5.70.8-5.9-4.50.9
 
Category: Global Large-Cap Blend Equity
Category Benchmark: Morningstar Global TME NR USD
Key Stats
NAV
04/04/2025		 GBP 16.74
Day Change -3.49%
Morningstar Category™ Global Large-Cap Blend Equity
IA (formerly IMA) Sector -
ISIN GB00BG00CM73
Fund Size (Mil)
30/09/2022		 GBP 2561.55
Share Class Size (Mil)
09/11/2021		 GBP 142.60
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.18%
Investment Objective: State Street ACS Multi-Factor Global ESG Index Equity Fund U2
The Sub-fund aims to track as closely as possible the performance of the MSCI World Select 5-Factor ESG Low Carbon Target Index (the “Benchmark Index”) (or any other index which the ACS Manager determines from time to time tracks substantially the same market as the Benchmark Index). “ESG” refers to making investments taking into account environmental, social and corporate governance criteria. The Investment Manager, on behalf of the Sub-fund and subject to the investment restrictions set out in the Prospectus, intends to invest using a replication strategy such as to seek to physically hold all or close to all of the securities of the Benchmark Index with the approximate weightings in that Benchmark Index.
Returns
Trailing Returns (GBP)04/04/2025
YTD-6.76
3 Years Annualised4.10
5 Years Annualised12.98
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Not Disclosed
11/12/2018
Inception Date
18/01/2019

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI World Select5-FacESGLowCarbTrgt GBPMorningstar Global TME NR USD
Portfolio Profile for  State Street ACS Multi-Factor Global ESG Index Equity Fund U228/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.400.0097.40
Bond0.000.000.00
Property0.000.000.00
Cash1.560.041.52
Other1.130.061.07
Top 5 Regions%
United States69.59
Eurozone14.03
Japan5.36
Europe - ex Euro3.24
Australasia3.22
Top 5 Sectors%
Technology30.66
Financial Services16.18
Industrials12.09
Communication Services10.98
Healthcare9.21
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology5.58
Microsoft CorpTechnologyTechnology3.91
Apple IncTechnologyTechnology3.01
Cisco Systems IncTechnologyTechnology2.35
Gilead Sciences IncHealthcareHealthcare2.04
Increase Decrease New since last portfolio
State Street ACS Multi-Factor Global ESG Index Equity Fund U2
Growth Of 1000 (GBP) 31/03/2025
Fund:  State Street ACS Multi-Factor Global ESG Index Equity Fund U2
Category:  Global Large-Cap Blend Equity
Category Index:  Morningstar Global TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 2020202120222023202431/03
Price Return7.8825.35-6.969.3514.80-3.40
+/- Category-2.707.302.39-3.410.520.22
+/- Category Index-4.375.690.76-5.90-4.500.88
% Rank in Category-
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.49   -1.891.34
1 Week-5.23   -2.050.38
1 Month-7.62   -0.661.09
3 Months-7.47   -1.772.37
6 Months-3.00   -0.931.10
YTD-6.76   -1.771.59
1 Year-0.69   -1.91-1.51
3 Years Annualised4.10   -1.10-1.73
5 Years Annualised12.98   1.12-0.90
10 Years Annualised-   --
 
Category: Global Large-Cap Blend Equity
Category Index: Morningstar Global TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-3.40---
20249.120.940.034.19
20231.790.841.195.29
2022-2.45-9.453.142.13
20214.317.413.498.10
2020-17.0317.743.776.42
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Global Large-Cap Blend EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.16 %
3-Yr Mean Return5.50 %
 
3-Yr Sharpe Ratio0.14
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Global TME NR USD  MSCI World NR USD
3-Yr Beta0.840.82
3-Yr Alpha-2.20-2.74
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 68440-
Market Capitalisation% of Equity
Giant27.97
Large30.29
Medium40.82
Small0.92
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings16.970.86
Price/Book2.550.75
Price/Sales1.850.75
Price/Cash Flow11.570.84
Dividend-Yield Factor2.291.28
 
Long-Term Projected Earnings Growth11.211.11
Historical Earnings Growth8.620.84
Sales Growth5.601.05
Cash-Flow Growth6.621.14
Book-Value Growth5.490.70
 
Category: Global Large-Cap Blend Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.400.0097.40
Bond0.000.000.00
Property0.000.000.00
Cash1.560.041.52
Other1.130.061.07
World Regions28/02/2025
 % of EquityRelative to Category
United States69.591.00
Canada1.710.74
Latin America0.000.00
United Kingdom2.130.48
Eurozone14.031.49
Europe - ex Euro3.240.70
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan5.361.11
Australasia3.223.22
Asia - Developed0.710.35
Asia - Emerging0.000.00
 
Category: Global Large-Cap Blend Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.960.65
Consumer CyclicalConsumer Cyclical6.860.65
Financial ServicesFinancial Services16.180.96
Real EstateReal Estate2.121.14
Consumer DefensiveConsumer Defensive4.980.87
HealthcareHealthcare9.210.79
UtilitiesUtilities3.321.69
Communication ServicesCommunication Services10.981.29
EnergyEnergy1.650.67
IndustrialsIndustrials12.091.17
TechnologyTechnology30.661.14
 
Category: Global Large-Cap Blend Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings235
Total Number of Bond Holdings0
Assets in Top 10 Holdings24.51
NameSectorCountry% of Assets
NVIDIA Corp311United States5.58
Microsoft Corp311United States3.91
Apple Inc311United States3.01
Cisco Systems Inc311United States2.35
Gilead Sciences Inc206United States2.04
Adobe Inc311United States1.71
Trane Technologies Plc Common Stock U... -1.64
The Cigna Group206United States1.48
Applied Materials Inc311United States1.44
Verizon Communications Inc308United States1.34
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Blend Equity
 
Management
Name of CompanyState Street Unit Trust Mgmt Ltd
Phone44 0 207 698 6000
Websitewww.ssga.co.uk
Address21 St James Square
 London   SW1Y 4SS
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date18/01/2019
Fund Advisor(s)
State Street Global Advisors Ltd
Fund ManagerNot Disclosed
Manager Start Date11/12/2018
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.18%
Ongoing Charge0.18%
Purchase Details
Minimum Investments
Initial10000000  GBP
Additional1000000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes