State Street Floating Rate Fund - Managed Fund

Fund Objective

The objective of the Fund is to outperform the RBA Cash Rate by 1.0% to 1.5% over a rolling three year period before fees.

Fund Strategy

The State Street Floating Rate Fund invests in a diversified portfolio of select Floating Rate Notes, ADI certificates of deposits and overnight cash deposits. Although the constitution of the Fund permits borrowing, we do not intend to undertake any long-term borrowings for the Fund. However, from time to time we may undertake short-term borrowings for operational purposes. The Fund does not permit the use of options, futures or other derivatives.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.48%	1.29%	2.46%	5.23%	5.49%	5.16%	3.11%	-%
Growth return	0.12%	0.19%	0.17%	0.43%	0.48%	0.58%	0.13%	-%
Income return	0.36%	1.1%	2.29%	4.8%	5.01%	4.58%	2.98%	-%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	0.49%	1.25%	1.39%	2.84%	4.39%	2.5%	-0.63%	1.95%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

State Street Floating Rate Fund

Cash: 2.87%

Fixed Interest: 97.13%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 5.48%

Fixed Interest: 92.29%

Australian Equities: 0.06%

International Equities: 0.01%

Property & Infrastructure: 0%

Alternatives: 2.16%

General Information

Fund Details

Type	Description
Fund Name	State Street Floating Rate Fund
Responsible Entity	State Street Global Advisors (Aus) Ltd
APIR Code	SST4725AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	18 Oct 2017
Fund Size	$683.92 million (as at 31 Aug 2025)
Entry Price	$1.0197 (as at 22 Sep 2025)
Exit Price	$1.0194 (as at 22 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	0.25% (as at 3 Feb 2025)
Indirect Cost Ratio (ICR)	0.25% (as at 30 Jun 2024)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$25,000
Minimum additional investments

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025)	Type	% of Portfolio
National Australia Bank Ltd.	Bond - Corporate Bond	4.82%
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FAQs about the State Street Floating Rate Fund

What is the objective of the State Street Floating Rate Fund managed fund?

The objective of the State Street Floating Rate Fund managed fund is The objective of the Fund is to outperform the RBA Cash Rate by 1.0% to 1.5% over a rolling three year period before fees.

What is the strategy for the State Street Floating Rate Fund managed fund?

The strategy of the State Street Floating Rate Fund managed fund is The State Street Floating Rate Fund invests in a diversified portfolio of select Floating Rate Notes, ADI certificates of deposits and overnight cash deposits. Although the constitution of the Fund permits borrowing, we do not intend to undertake any long-term borrowings for the Fund. However, from time to time we may undertake short-term borrowings for operational purposes. The Fund does not permit the use of options, futures or other derivatives.

What is the APIR code of the State Street Floating Rate Fund managed fund?

The APIR code of the State Street Floating Rate Fund managed fund is SST4725AU.

What was State Street Floating Rate Fund’s total return last month?

State Street Floating Rate Fund’s total return last month was 0.48%. This was made up of a growth return of 0.12% and an income return of 0.36%. These returns were calculated as at 31 Aug 2025.

What was State Street Floating Rate Fund’s total return for the last three months?

State Street Floating Rate Fund’s total return for the last three months was 1.29%. This was made up of a growth return of 0.19% and an income return of 1.1%%. These returns were calculated as at 31 Aug 2025.

What is State Street Floating Rate Fund’s one-year total return?

State Street Floating Rate Fund’s one-year total return is 5.23%. This was made up of a growth return of 0.43% and an income return of 4.8%. These returns were calculated as at 31 Aug 2025.

What is State Street Floating Rate Fund’s three-year total return?

State Street Floating Rate Fund’s one-year total return is 5.16%. This was made up of a growth return of 0.58% and an income return of 4.58%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the State Street Floating Rate Fund managed fund?

The asset allocation of the State Street Floating Rate Fund managed fund is :

Cash: 2.87%

Fixed Interest: 97.13%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the State Street Floating Rate Fund managed fund?

The Responsible Entity for the State Street Floating Rate Fund managed fund is State Street Global Advisors (Aus) Ltd.

What sector/asset class does the State Street Floating Rate Fund managed fund belong to?

The State Street Floating Rate Fund managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the State Street Floating Rate Fund managed fund?

As at 31 Aug 2025, the size of the State Street Floating Rate Fund managed fund was $683.92 million.

What is the inception date of the State Street Floating Rate Fund managed fund?

The State Street Floating Rate Fund managed fund has an inception date of 18 Oct 2017.

What is the current entry price of the State Street Floating Rate Fund managed fund?

The current entry price of the State Street Floating Rate Fund managed fund is $1.0197 per unit and the current exit price is $1.0194 per unit (as at 22 Sep 2025).

What is the current exit price of the State Street Floating Rate Fund managed fund?

The current exit price of the State Street Floating Rate Fund managed fund is $1.0194 per unit and the current entry price is $1.0197 per unit (as at 22 Sep 2025).

What is the minimum investment amount for the State Street Floating Rate Fund managed fund?

The minimum initial investment amount for the State Street Floating Rate Fund managed fund is $25,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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