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SSGA Funds - State Street Defensive Emerging Markets Equity Fund (SSEMX)

5.44 0.00 (0.00%)
As of December 20 at 8:01 PM EST. Market Open.

Fund Summary

The fund will invest at least 80% of its net assets (plus borrowings, if any) in equity securities issued by companies domiciled or doing a substantial portion of their business in countries determined by the Adviser to have a developing or emerging economy or securities market. An emerging market is any market included in the MSCI® Emerging Markets Index, the fund's benchmark.

SSGA Funds - State Street Defensive Emerging Markets Equity Fund

Boston, MA 02110
1 Lincoln Street, State Street Financial Center
800-997-7327

Fund Overview

Category Diversified Emerging Mkts
Fund Family State Street Global Advisors
Net Assets 36.7M
YTD Return -17.66%
Yield 2.72%
Morningstar Rating
Inception Date Jul 07, 2014

Fund Operations

Last Dividend 0.16
Last Cap Gain 26.00
Holdings Turnover 35.00%
Average for Category --

Fees & Expenses

Expense SSEMX Category Average
Annual Report Expense Ratio (net) 1.20% 1.23%
Prospectus Net Expense Ratio 1.20% --
Prospectus Gross Expense Ratio 1.68% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.18%
Max Deferred Sales Load -- 1.16%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Chee Ooi is a Managing Director of SSGA and the Adviser and a Senior Portfolio Manager in the Active Quantitative Equity Group. His responsibilities include research and portfolio management across the quantitative international active equity strategies. Mr. Ooi has over twenty years of experience in quantitative equity research and investment management. Prior to joining SSGA in 2008, he was a director and senior quantitative analyst in Citigroup's Global Quantitative Research Group in New York and started his career in finance at Salomon Brothers as an equity derivatives research analyst. He has published papers in the Journal of Portfolio Management on his pioneering work on classification and regression tree model in stock selection and has presented at industry conferences.Chee started his career in finance at Salomon Brothers as an equity derivatives research analyst. Mr. Ooi holds a Bachelor of Science in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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