State Street® SPDR® MSCI USA Value UCITS ETF

What this fund is

State Street® SPDR® MSCI USA Value UCITS ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker UVAL (ISIN IE00BSPLC520). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI USA Value Exposure Select Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include Micron Technology Inc., Cisco Systems Inc. and QUALCOMM Incorporated. With about 126 holdings (the ten largest ≈ 34.2%), your money is diversified rather than concentrated in a handful of names.

Geographically it leans ~92.8% United States, ~4.1% Ireland and ~0.9% Singapore. By industry it concentrates most in ~36.5% Technology and ~12.2% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.21%. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. On the standard KID risk scale it is rated 4 out of 7 — a gauge of how much the value moves, not a judgement of quality. It launched in 2015, and its KID suggests a holding period of 5 years. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from SPDR.)