STW - SPDR S&P/ASX 200 Fund ETF

[Pager]

I held STW for quite a while in my SMSF however about 6 months ago I switched to SYI (SPDR MSCI Australia Select High Dividend Fund) heavily weighted in the Banks at present but IMO for a long term investment its a better option than STW, you wont get exposure to the ASX 200 as STW but you will be weighted to the company’s paying the best dividends at any given time, so far has outperformed STW, not by a lot though, dividends are paid quarterly as well.

 

[Boggo]

This was from Radge in March of this year, looking at the monthly chart I doubt if anything has changed much.

A Buy & Hold investor using the State Street ASX-200 ETF (STW) has a total return of -1.96% (incl. divs) since May 2006, an annualized return of -0.348%.

I had some in my SMSF for a while but bailed out in favour of individual stocks with much better results.

 

[The Barbarian Investor]

This was from Radge in March of this year, looking at the monthly chart I doubt if anything has changed much.

A Buy & Hold investor using the State Street ASX-200 ETF (STW) has a total return of -1.96% (incl. divs) since May 2006, an annualized return of -0.348%.

I had some in my SMSF for a while but bailed out in favour of individual stocks with much better results.

Just having a look at the accumulation index from the net

30 June...Index Value...Yield

2011......34,201..........11.73%
2010......30,610..........13.14%
2009......27,054..........-20.14%
2008......33,875..........-13.41%
2007......39,119..........28.66%
2006......30,405..........23.93%
2005......24,534..........26.35%
2004......19,417..........21.61%
2003......15,967..........-1.71%
2002......16,245..........-4.69%
2001......17,045..........9.07%
2000......15,628..........15.51%
1999......13,530..........15.34%
1998......11,731..........1.65%
1997......11,541..........26.56%
1996......9,119............15.83%
1995......7,873............5.71%
1994......7,448............18.47%
1993......6,287............9.91%
1992......5,720............13.33%
1991......5,047............5.87%
1990......4,767............4.08%
1989......4,580............3.53%
1988......4,424............-8.61%
1987......4,841............54.02%
1986......3,143............42.48%
1985......2,206............36.51%
1984......1,616............13.48%
1983......1,424............34.72%
1982......1,057............-29.06%
1981......1,490............15.77%
1980......1,287............nil

The accumulation index data doesn't seem to be freely available anywhere over longer time-frames than say Bloomberg, so you have to rely on 3rd parties posting results?

I'm not sure what 2012 was at June 30th

 

[Judd]

Yep, hold this. Haven't sold. Nor have I worked out overall return.

9/1/2002 500 @ $35.00
4/7/2002 500 @ $32.41
13/1/2003 500 @ $31.22
20/11/2008 500 @ $32.56
23/2/2009 500 @ $31.37

So, I assume for long-term holders, such as myself, it all depends on when you bought and the price at which you did so. When the yield gets much over 5% I simply don't buy.

 

[The Barbarian Investor]

Yep, hold this. Haven't sold. Nor have I worked out overall return.

9/1/2002 500 @ $35.00
4/7/2002 500 @ $32.41
13/1/2003 500 @ $31.22
20/11/2008 500 @ $32.56
23/2/2009 500 @ $31.37

So, I assume for long-term holders, such as myself, it all depends on when you bought and the price at which you did so. When the yield gets much over 5% I simply don't buy.

Whats the significance with the dates or prices listed above Judd?

 

[kid hustlr]

Whats the significance with the dates or prices listed above Judd?

You need to know the dates in order work out things like XIRR.


Bumping this thread again,

Does STW pass on the dividends they receive IN FULL (less a small MER?).

Looking at the ASX website it says they paid a 65c on 30th June (+ franking).

The RBA website has the trailing dividend yield of the asx 200 at 5.12% as at the end of the June. Seems like the STW distribution should have been a lot larger? Perhaps theres more complexities in regards to capital gains etc that I'm not aware of?

(http://www.rba.gov.au/statistics/by-subject.html)

edit: just a little more on this - it says the MER is 0.29% according to the website.

Website also lists the index div yield as 4.73% whilst the fund dividend yield is 4.14%. I don't get why there's such a large discrepancy

 

[kid hustlr]

This was from Radge in March of this year, looking at the monthly chart I doubt if anything has changed much.

A Buy & Hold investor using the State Street ASX-200 ETF (STW) has a total return of -1.96% (incl. divs) since May 2006, an annualized return of -0.348%.

I had some in my SMSF for a while but bailed out in favour of individual stocks with much better results.

I dont think Radge is making the point that STW is a dud, he's making the point that buy and hold has not worked over the last 6 years.

 

[The Barbarian Investor]

I dont think Radge is making the point that STW is a dud, he's making the point that buy and hold has not worked over the last 6 years.

Holding STW alone possibly, how about with a US, World & Bond Index Fund an a re-balancing strategy

 

[Boggo]

Just some rough calcs.
The price today is close to the price it was at in early Oct 2008.
Since then it has paid $6.64 in dividends.
Inflation has eroded its theoretical value by approx $3.50 since 2008.

Dividend of 6.64, minus inflation of 3.50 = 3.14.
$3.14/4 and it has effectively made $0.78 pa for the last four years !

We could take the calcs back to March 2005 for approximately the same price and result.

 

[The Barbarian Investor]

Hi Boggo

I recently read a story of an index investor who had $200k invested in several Vanguard Index Funds(Total Bond, Total International, Total US) over the period September 2006-October 2012 and with the market turmoil (read crisis with the GFC) over those years from 2006-2012 it now sits at around $267k with no additional investments, just a re-balancing strategy

An overall gain of $67k

Its an increase of roughly 33.5%, but that’s with only an annual compound growth rate of 4.94% per year, to turn the $200,000.00 into $267,088.81 according to a CAGR calculator

Though I worked it out a bit less to get..

Value after 1 year : $209,876.74
Value after 2 years : $220,241.24
Value after 3 years : $231,117.57
Value after 4 years : $242,531.01
Value after 5 years : $254,508.10
Value after 6 years : $267,076.65

 

[quon]

STW - No franking on last dividend?

The ASX200 index fund STW has traditionally paid a biannual dividend franked at roughly 70%. I bought some of this ETF in August and some more in September. They paid a dividend in July and I searched on the franking credits for this dividend, but was alarmed to see that for the first time in 11 years, that dividend was not franked at all.

http://www.sharedividends.com.au/stw

I can't pull up any dividend / franking history information on the SPDR site.

http://www.spdr.com.au/etf/fund/fund_detail_STW.html

Does anybody have STW from the pre ex dividend date that can shed further light on this? It makes STW a lot less attractive.

 

[kid hustlr]

Re: STW - No franking on last dividend?

The ASX200 index fund STW has traditionally paid a biannual dividend franked at roughly 70%. I bought some of this ETF in August and some more in September. They paid a dividend in July and I searched on the franking credits for this dividend, but was alarmed to see that for the first time in 11 years, that dividend was not franked at all.

http://www.sharedividends.com.au/stw

I can't pull up any dividend / franking history information on the SPDR site.

http://www.spdr.com.au/etf/fund/fund_detail_STW.html

Does anybody have STW from the pre ex dividend date that can shed further light on this? It makes STW a lot less attractive.

im confused by your question but

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=STW

suggests the last divident paid in july was 72% franked??

 

[Belli]

Looks like STW has got in early with its distribution announcement.

Estimated distribution is $2.101647 for each unit and it is payable on 12 July.

 

[Belli]

Out of curiosity I had a look at the voting record of STW for various companies and discovered this.

https://www.ssga.com/au/en_gb/individual/etfs/library-content/products/fund-docs/etfs/apac/au/pvr/annual-proxy-voting-records-au-en-stw.pdf