SPDR ETFs Australia - State Street SPDR MSCI Australia Select High Dividend Yield ETF SYI

SPDR MSCI Australia Select High Dividend Yield ETF continues to apply a sensible selection process that attempts to identify securities with an above-market expected yield. The strategy seeks to mimic the risk/reward profile of the MSCI Australia Select High Dividend Yield Index, a benchmark that focuses on companies with stable dividends and strong fundamentals such as return on equity, low leverage, and earnings consistency. Solid execution with low tracking error bodes well for the exchange-traded fund; however, competition in the space is high from both actively managed strategies and other passive peers.