DOCSLIB.ORG

State Street Global Advisors Trust Company State Street Russell All

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
State Street Global Advisors Trust Company State Street Russell All State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Financial Statements December 31, 2019 Report of Independent Auditors To the Trustee of State Street Russell All Cap® Index Securities Lending Series Fund and State Street Russell All Cap® Index Non-Lending Series Fund We have audited the accompanying combined financial statements of State Street Russell All Cap® Index Securities Lending Series Fund and State Street Russell All Cap® Index Non-Lending Series Fund (the "Fund"), which comprise the combined statement of assets and liabilities, including the combined schedule of investments, as of December 31, 2019 and the related combined statements of operations and of changes in net assets and the financial highlights for the year then ended. These financial statements and financial highlights are hereafter collectively referred to as "combined financial statements." Management's Responsibility for the Combined Financial Statements Management is responsible for the preparation and fair presentation of the combined financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of combined financial statements that are free from material misstatement, whether due to fraud or error. Auditors' Responsibility Our responsibility is to express an opinion on the combined financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the combined financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the combined financial statements. The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the combined financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the Fund’s preparation and fair presentation of the combined financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the combined financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the combined financial statements referred to above present fairly, in all material respects, the financial position of State Street Russell All Cap® Index Securities Lending Series Fund and State Street Russell All Cap® Index Non-Lending Series Fund as of December 31, 2019, and the results of their operations, changes in their net assets and the financial highlights for the year then ended, in accordance with accounting principles generally accepted in the United States of America. March 20, 2020 PricewaterhouseCoopers LLP, 101 Seaport Boulevard, Suite 500, Boston, MA 02210 T: (617) 530 5000, F: (617) 530 5001, www.pwc.com/us State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Statement of Assets and Liabilities December 31, 2019 Assets Investments in securities, at value (including securities on loan of $49,655,883) $ 11,448,942,025 (cost $7,407,142,905) Investment in State Street Cash Collateral Fund (cost $24,428,255) 24,428,255 Cash, segregated 12,433,049 Foreign currency, at value (cost $19) 19 Receivable for Fund units issued 2,514,482 Receivable for investments sold 302,436,953 Variation margin receivable 510,665 Dividends receivable 12,179,449 Interest receivable 367,724 Total assets 11,803,812,621 Liabilities Due to custodian 97,686,134 Due to Trustee 3,907 Payable for collateral on securities loaned 24,428,255 Payable for Fund units redeemed 42,426,239 Management fees payable 2,640 Administration fees payable 110,346 Total liabilities 164,657,521 Net Assets, at value $ 11,639,155,100 The accompanying notes are an integral part of these combined financial statements. 2 State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Statement of Assets and Liabilities (continued) December 31, 2019 Lending Fund State Street Russell All Cap® Index Securities Lending Series Fund - Class I (30,778,610 units outstanding, at $62.97 per unit net asset value) $ 1,938,239,895 Non-Lending Fund State Street Russell All Cap® Index Non-Lending Series Fund - Class A (188,354,627 units outstanding, at $49.43 per unit net asset value) $ 9,309,699,532 State Street Russell All Cap® Index Non-Lending Series Fund - Class C (8,841,514 units outstanding, at $44.25 per unit net asset value) 391,215,673 Total Non-Lending Net Assets $ 9,700,915,205 Total Net Assets $ 11,639,155,100 The accompanying notes are an integral part of these combined financial statements. 3 State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Statement of Operations Year Ended December 31, 2019 Investment income Dividends $ 196,686,136 Interest 3,961,255 Securities lending fee income (net of related expenses), allocated to the Lending Fund 199,625 Total investment income 200,847,016 Expenses Management fees 39,100 Administration fees 1,093,099 Service fees 94,169 Audit fees 37,500 Other expenses 6,584 Total expenses 1,270,452 Net investment income (loss) 199,576,564 Net realized and unrealized gain (loss): Net realized gain (loss): Investments 661,025,896 Foreign currency transactions (6,378) Futures contracts 28,487,797 689,507,315 Net change in unrealized appreciation (depreciation): Investments 1,830,708,740 Futures contracts 8,041,424 1,838,750,164 Net realized and unrealized gain (loss) 2,528,257,479 Net increase (decrease) in net assets resulting from operations $ 2,727,834,043 The accompanying notes are an integral part of these combined financial statements. 4 State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Statement of Changes in Net Assets Year Ended December 31, 2019 From operations Net investment income (loss) $ 199,576,564 Net realized gain (loss) 689,507,315 Net change in unrealized appreciation (depreciation) 1,838,750,164 Net increase (decrease) in net assets resulting from operations 2,727,834,043 Net increase (decrease) in net assets resulting from participant transactions 447,130,561 Net increase (decrease) in net assets 3,174,964,604 Net Assets Beginning of year 8,464,190,496 End of year $ 11,639,155,100 The accompanying notes are an integral part of these combined financial statements. 5 State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund State Street Russell All Cap® Index Non-Lending Series Fund Combined Statement of Changes in Net Assets (continued) Year Ended December 31, 2019 Units Amount Units of Participation Participant transactions for the Fund were as follows: Lending Fund Class I Units issued 5,063,560 $ 273,046,926 Units redeemed (2,614,993) (148,076,118) 2,448,567 124,970,808 Non-Lending Fund Class A Units issued 88,399,314 $ 3,995,297,390 Units redeemed (84,449,339) (3,851,548,759) 3,949,975 143,748,631 Class C Units issued 12,892,529 $ 514,065,260 Units redeemed (8,360,259) (335,654,138) 4,532,270 178,411,122 322,159,753 Net increase (decrease) $ 447,130,561 The accompanying notes are an integral part of these combined financial statements. 6 State Street Global Advisors Trust Company State Street Russell All Cap® Index Securities Lending Series Fund - Class I Financial Highlights Year Ended December 31, 2019 (For a Unit of Participation Outstanding Throughout the Year) Selected Per Unit Data Net asset value, beginning of year $ 48.06 Net investment income (loss)1 1.10 Net realized and unrealized gain (loss) 13.81 Total from investment operations 14.91 Net asset value, end of year $ 62.97 Total return (%)2 31.03 Ratios to Average Net Assets3 Ratio of expenses (%)4 0.012 Ratio of net investment income (loss) (%) 1.954 1 Net investment income (loss) per unit has been calculated based upon an average of daily units outstanding. 2 Calculation is based on the value of a single unit of participation outstanding throughout the year. It represents the percentage change in the net asset value per unit between the beginning and end of the year. The calculation includes only those expenses charged directly to the Class. The result may be reduced by any administrative or other fees which are incurred in the management or maintenance of individual participant accounts. 3 Calculations include only those expenses charged directly to the Fund
Load more

Recommended publications
  • REAL ESTATE July 2020
    LISTED MARKETS – REAL ESTATE July 2020 Leo Zielinski Partner Tel. +44 (0)7980 809031 [email protected] John Rodgers Partner Tel. +44 (0)7810 307422 [email protected] Will Strachan Partner Tel. +44 (0)7929 885859 [email protected] Lloyd Davies We track the share price movement and regulatory announcements Partner of 57 real estate owning listed entities (“Gerald Eve tracked index”). Tel. +44 (0)7767 311254 A summary of the Gerald Eve tracked index in terms of GAV, NAV, [email protected] LTV, Dividend, Share Price, Market Cap, Discount/Premium to NAV and their respective weekly movement is attached. Lorenzo Solazzo Data Analyst We provide a comparison to share price data from 3 February 2020 Tel. +44 (0)783 309 5582 [email protected] (pre-Covid-19 level) to present day to demonstrate the impact across certain entities as a direct result of Covid-19. James Brown Surveyor As at 30 of June, the Gerald Eve tracked index is currently down 30% to pre- Tel. +44 (0)7464 656563 Covid-19 level, under-performing the FTSE350 which is slowly recovering and is [email protected] now down 16%. The tracked listed REITs share price decreased on average 3% since 1 June 2020 (March: -25%, April: +6%, May: -3%). To provide context around the share price movement, the average discount to NAV is currently 31% against 3% pre-Covid-19. It is unsurprising to note that specialist sector entities across Industrial, Healthcare and Supermarkets have out-performed the REIT universe relative to other strategies within the Gerald Eve tracked index.
    [Show full text]
  • COVERAGE LIST GEO Group, Inc
    UNITED STATES: REIT/REOC cont’d. UNITED STATES: REIT/REOC cont’d. UNITED STATES: NON-TRADED REITS cont’d. COVERAGE LIST GEO Group, Inc. GEO Sabra Health Care REIT, Inc. SBRA KBS Strategic Opportunity REIT, Inc. Getty Realty Corp. GTY Saul Centers, Inc. BFS Landmark Apartment Trust, Inc. Gladstone Commercial Corporation GOOD Select Income REIT SIR Lightstone Value Plus Real Estate Investment Trust II, Inc. Gladstone Land Corporation LAND Senior Housing Properties Trust SNH Lightstone Value Plus Real Estate Investment Trust III, Inc. WINTER 2015/2016 • DEVELOPED & EMERGING MARKETS Global Healthcare REIT, Inc. GBCS Seritage Growth Properties SRG Lightstone Value Plus Real Estate Investment Trust, Inc. Global Net Lease, Inc. GNL Silver Bay Realty Trust Corp. SBY Moody National REIT I, Inc. Government Properties Income Trust GOV Simon Property Group, Inc. SPG Moody National REIT II, Inc. EUROPE | AFRICA | ASIA-PACIFIC | MIDDLE EAST | SOUTH AMERICA | NORTH AMERICA Gramercy Property Trust Inc. GPT SL Green Realty Corp. SLG MVP REIT, Inc. Gyrodyne, LLC GYRO SoTHERLY Hotels Inc. SOHO NetREIT, Inc. HCP, Inc. HCP Sovran Self Storage, Inc. SSS NorthStar Healthcare Income, Inc. UNITED KINGDOM cont’d. Healthcare Realty Trust Incorporated HR Spirit Realty Capital, Inc. SRC O’Donnell Strategic Industrial REIT, Inc. EUROPE Healthcare Trust of America, Inc. HTA St. Joe Company JOE Phillips Edison Grocery Center REIT I, Inc. GREECE: Athens Stock Exchange (ATH) AFI Development Plc AFRB Hersha Hospitality Trust HT STAG Industrial, Inc. STAG Phillips Edison Grocery Center REIT II, Inc. AUSTRIA: Vienna Stock Exchange (WBO) Babis Vovos International Construction S.A. VOVOS Alpha Pyrenees Trust Limited ALPH Highwoods Properties, Inc.
    [Show full text]
  • Summary of Investments by Type
    COMMON INVESTMENT FUNDS Schedule of Investments September 30, 2017 SUMMARY OF INVESTMENTS BY TYPE Cost Market Value Fixed Income Investments $ $ Short-term investments 27,855,310 27,855,310 Bonds 173,219,241 174,637,768 Mortgage-backed securities 29,167,382 28,915,537 Emerging markets debt 9,619,817 11,462,971 Bank loans - high income fund 23,871,833 23,908,105 Total Fixed Income Investments 263,733,583 266,779,691 Equity-Type Investments Mutual funds Domestic 9,284,694 13,089,028 International 18,849,681 21,226,647 Common stocks Domestic 149,981,978 192,057,988 International 225,506,795 259,856,181 Total Equity-Type Investments 403,623,148 486,229,844 Alternative Investments Funds of hedge funds 38,264,990 46,646,700 Real estate trust fund 6,945,440 10,204,969 Total Alternatives Investments 45,210,430 56,851,669 TOTAL INVESTMENTS 712,567,160 809,861,204 Page 1 of 34 COMMON INVESTMENT FUNDS Schedule of Investments September 30, 2017 SUMMARY OF INVESTMENTS BY FUND Cost Market Value Fixed Income Fund $ $ Short-term investments 6,967,313 6,967,313 Bonds 140,024,544 141,525,710 Mortgage-backed securities 27,878,101 27,642,277 Emerging markets debt 9,619,817 11,462,971 Bank loans - high income fund 23,871,833 23,908,105 208,361,608 211,506,377 Domestic Core Equity Fund Short-term investments 4,856,385 4,856,385 Common stocks 131,222,585 167,989,561 Futures - 19,895 Private placement 4,150 4,150 136,083,120 172,869,991 Small Cap Equity Fund Short-term investments 2,123,629 2,123,629 Mutual funds 9,284,694 13,089,028 Common stocks 18,755,243
    [Show full text]
  • Debt & Structured Finance
    CBRE CAPITAL MARKETS DEBT & STRUCTURED FINANCE CAPABILITIES OVERVIEW ❮❮ INTERACTIVE BROCHURE | CLICK TO ENTER ❮❮ TEAM CAPABILITIES EXPERIENCE CBRE DSF OVERVIEW CBRE OVERVIEW MEET THE TEAM ❮❮ 2015 YEAR END TEAM OVERVIEW The CBRE Capital Markets Debt & Structured Finance Group is truly a production team, providing expertise across all property types and capital structures while concurrently offering clients the benefits of specialization within each property sector. Our multi- disciplined team is comprised of six highly experienced production professionals 104 with a track record of efficiently meeting clients’ debt, equity and structured finance TRANSACTIONS requirements. We view each financing opportunity as a chance to serve as a trusted capital advisor focused on maximizing the value of our clients’ real estate investments by not only achieving the best financing available in the marketplace, but also by presenting capital solutions customized specifically to meet our clients’ short-and long-term strategic goals and objectives. $1,149 MILLION As a part of CBRE, the team also has access to the vast resources of the CBRE platform, TOTAL TRANSACTIONS including investment sales, marketing, valuations, research, property management, and leasing. By leveraging our company’s national platform, we are able to expose each asset to the maximum amount of capital sources while providing those sources the best market knowledge. Our experience and access to market data and capital sources allow us to focus on meeting each client’s specific capital
    [Show full text]
  • Marten & Co / Quoted Data Word Template
    Monthly roundup | Real estate October 2019 Winners and losers in September Best performing companies in price terms in Sept Worst performing companies in price terms in Sept (%) (%) Capital & Regional 37.9 Countrywide (11.7) Hammerson 24.9 Town Centre Securities (7.2) NewRiver REIT 19.1 Aseana Properties (5.1) Inland Homes 15.8 Harworth Group (4.3) Capital & Counties Properties 14.8 Ediston Property Investment Company (4.0) British Land 14.7 GRIT Real Estate Income Group (3.7) Workspace Group 13.2 Daejan Holdings (3.5) Countryside Properties 12.3 Primary Health Properties (2.9) Triple Point Social Housing REIT 11.7 Big Yellow Group (2.9) U and I Group 11.1 Conygar Investment Company (2.6) Source: Bloomberg, Marten & Co Source: Bloomberg, Marten & Co Capital & Regional share price YTD The month of Countrywide share price YTD On the flip side, the September was a UK’s biggest estate 40 12 bumper month for agent group, 30 many property 8 Countrywide, which 20 companies’ share also owns a 4 10 price, dominated by commercial real 0 retail focused 0 estate consultancy, Jan FebMar Apr May Jun Jul Aug Sep Jan FebMar Apr May Jun Jul Aug Sep companies, who in was the worst Source: Bloomberg, Marten & Co general have taken a Source: Bloomberg, Marten & Co performing in hammering over the September. It is the past 18 months or so. Top of the list was Capital & Regional. second month in a row that it has been in the bottom 10 and Shares in the shopping centre landlord bounced after it in the year to date it is beaten only by Intu Properties as the announced it was in talks with South African REIT worst performing listed property company, losing 53.5%.
    [Show full text]
  • 22 March 2016 • London, UK
    22 March 2016 • London, UK EUROPE’S ONLY CONFERENCE FOCUSING EXCLUSIVELY ON COMMERCIALISATION AND SPECIALTY LEASING ICSC Global Partner ICSC European Partners To register please visit www.icsc.org/2016SPREEU or call +44 20 7976 3100 #SPREEshow SPREE Europe 22 March 2016 • Business Design Centre, London, UK SPREE Europe is back for its second year on 22 March 2016 and continues to be the only European event focusing solely on specialty leasing and commercialisation. This special event will provide an invaluable opportunity for participants to gain new ideas to grow revenue and profitability through the informative seminar programme led by industry experts. The event will also provide a valuable platform for attendees to network. Last year nearly 200 hundred specialty leasing, marketing and mall management professionals attended the event from 27 countries. The goal of SPREE Europe is to explore the exciting innovations taking place in specialty leasing, commercialisation, digital advertising, mall sponsorship, promotions and brand experience around the globe with a particular focus on Europe. As an additional benefit, SPREE Europe attendees are invited to also participate in European Outlet Conference sessions taking place the same day. Programme Planning Group Conference Chair Clara Maguire, We Are Pop Up Members Bianca Campos, Sonae Sierra Julia Langkraehr, Bold Clarity Eileen Connolly, MadisonSoho Sonia Martinez, CBRE Bryony Crowther, Asset Space Limited Ross McCall, McArthurGlen Nancy Cullen, SpaceandPeople Plc Bill Moss, Westfield Shoppingtowns Ltd Sean Curtis, Velocity Marketing Consultancy Enrico Palestini, Cogest Retail s.r.l. Tom Farley, JLL Mathias Sander, ECE Projektmanagement Svetlana Gromova, IKEA Shopping Centers RUSSIA Jackie Tracey, NewRiver Retail (UK) Ltd Bastiaan Haghuis, Appear Here Aldynai Yumbuu, JLL Russia and CIS Franka Lange, Retail Profile Europe Gold Sponsors Media Partners SPREE Europe 22 March 2016 • Business Design Centre, London, UK Programme SPREE Europe is running concurrently to the ICSC European Outlet Conference.
    [Show full text]
  • 2013 Corporate Responsibility Report
    2013 CORPORATE RESPONSIBILITY REPORT ENVIRONMENTAL SUSTAINABILITY COMMUNITIES & GIVING PEOPLE & CULTURE ETHICS & COMPLIANCE GOVERNANCE HEALTH & SAFETY CONTENTS CLICK BELOW TO JUMP TO EACH SECTION STAKEHOLDER LETTER Dear Stakeholder, CBRE’s preeminent position in commercial real estate services and investment reflects the strength of our service line and geographic footprint and the ability of our people to work together to deliver superior outcomes for our clients. Equally important to our success Equally important to our success – today and tomorrow – is a culture of service, excellence and – today and tomorrow – is a responsible business practices. culture of service, excellence and In 2013, CBRE made notable progress in corporate responsibility, responsible business practices. including: • We were one of just 50 companies – and the only firm in our sector – to merit inclusion in Carbon Disclosure Project’s Climate Disclosure Leadership Index (CDLI). • We were named a 2014 World’s Most Ethical Company® by the Ethisphere Institute in recognition of our cultural commitments to ethical leadership and corporate behavior. • Our people around the world increased their charitable giving through the company by more than 19% to $8 million. 3 • Our new downtown Los Angeles global headquarters was the first office facility in the world to receive a Delos WELL® certification, reflecting our commitment to a healthy, productive work environment. • Our record of workplace safety garnered 29 awards from the Royal Society of Prevention of Accidents. These achievements, and others detailed in this report, would not be possible without the dedicated focus of our 44,000 employees around the world. They are the reason CBRE remains the industry leader for client service and responsible business practices.
    [Show full text]
  • FTSE Factsheet
    FTSE COMPANY REPORT Share price analysis relative to sector and index performance Custodian REIT CREI Real Estate Investment Trusts — GBP 0.885 at close 03 August 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 03-Aug-2020 03-Aug-2020 03-Aug-2020 1.2 105 130 1D WTD MTD YTD Absolute -0.6 -0.6 -0.6 -22.4 100 Rel.Sector -0.5 -0.5 -0.5 2.2 1.1 120 Rel.Market -2.6 -2.6 -2.6 -2.7 95 1 110 VALUATION 90 Trailing Relative Price Relative 0.9 Price Relative 100 85 PE 16.1 Absolute Price (local currency) (local Price Absolute EV/EBITDA 15.8 0.8 90 80 PB 0.9 PCF 12.0 0.7 75 80 Div Yield 6.8 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Price/Sales 8.6 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.3 90 100 100 Div Payout +ve 80 90 90 ROE 5.6 80 70 80 Share Index) Share 70 Share Sector) Share - - 70 60 60 DESCRIPTION 60 50 50 50 40 The Company is a real estate investment trust. 40 RSI RSI (Absolute) 40 30 30 30 20 20 20 10 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 10 10 0 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Past performance is no guarantee of future results.
    [Show full text]
  • Global Equity Fund Description Plan 3S DCP & JRA MICROSOFT CORP
    Global Equity Fund June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA MICROSOFT CORP 2.5289% 2.5289% APPLE INC 2.4756% 2.4756% AMAZON COM INC 1.9411% 1.9411% FACEBOOK CLASS A INC 0.9048% 0.9048% ALPHABET INC CLASS A 0.7033% 0.7033% ALPHABET INC CLASS C 0.6978% 0.6978% ALIBABA GROUP HOLDING ADR REPRESEN 0.6724% 0.6724% JOHNSON & JOHNSON 0.6151% 0.6151% TENCENT HOLDINGS LTD 0.6124% 0.6124% BERKSHIRE HATHAWAY INC CLASS B 0.5765% 0.5765% NESTLE SA 0.5428% 0.5428% VISA INC CLASS A 0.5408% 0.5408% PROCTER & GAMBLE 0.4838% 0.4838% JPMORGAN CHASE & CO 0.4730% 0.4730% UNITEDHEALTH GROUP INC 0.4619% 0.4619% ISHARES RUSSELL 3000 ETF 0.4525% 0.4525% HOME DEPOT INC 0.4463% 0.4463% TAIWAN SEMICONDUCTOR MANUFACTURING 0.4337% 0.4337% MASTERCARD INC CLASS A 0.4325% 0.4325% INTEL CORPORATION CORP 0.4207% 0.4207% SHORT-TERM INVESTMENT FUND 0.4158% 0.4158% ROCHE HOLDING PAR AG 0.4017% 0.4017% VERIZON COMMUNICATIONS INC 0.3792% 0.3792% NVIDIA CORP 0.3721% 0.3721% AT&T INC 0.3583% 0.3583% SAMSUNG ELECTRONICS LTD 0.3483% 0.3483% ADOBE INC 0.3473% 0.3473% PAYPAL HOLDINGS INC 0.3395% 0.3395% WALT DISNEY 0.3342% 0.3342% CISCO SYSTEMS INC 0.3283% 0.3283% MERCK & CO INC 0.3242% 0.3242% NETFLIX INC 0.3213% 0.3213% EXXON MOBIL CORP 0.3138% 0.3138% NOVARTIS AG 0.3084% 0.3084% BANK OF AMERICA CORP 0.3046% 0.3046% PEPSICO INC 0.3036% 0.3036% PFIZER INC 0.3020% 0.3020% COMCAST CORP CLASS A 0.2929% 0.2929% COCA-COLA 0.2872% 0.2872% ABBVIE INC 0.2870% 0.2870% CHEVRON CORP 0.2767% 0.2767% WALMART INC 0.2767%
    [Show full text]
  • Newriver REIT Plc Annual Report and Accounts 2018
    & Annual Report 2018 Accounts and NewRiver REIT plc Annual Report and Accounts 2018 NewRiver REIT plc (‘NewRiver’) is a Premium Listed REIT on the Main Market of the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. Founded in 2009, we specialise in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets. Our high-quality and conveniently located portfolio provides value for money on essential goods and services to consumers across the UK, and our affordable rents and high footfall locations create desirable and profitable trading opportunities for our occupiers. It is our fundamental belief that affordability for occupiers, and not lease length, means sustainability for our business. With an experienced management team and proven business model, we have a track record of delivering growing and sustainable cash returns to our shareholders and creating thriving communities across the UK. CONTENTS Strategic Report Financial Highlights IFC Our Business at a Glance 04 Chairman’s Review 08 Our Business Model 10 Our Marketplace 12 Leveraging our Key Relationships 16 CEO Review 18 OUR FINANCIAL HIGHLIGHTS Our Strategy 24 Our KPIs 26 Property Review 32 Gross income Funds From Operations Financial Review 56 (proportionally consolidated) Our People 68 ESG Report 69 Risk Management Report 74 £107.0m £60.3m Governance FY17: £106.7m FY17: £58.2m Board of Directors 78 Corporate Governance Report 80 Audit Committee Report 85 FFO per share Ordinary dividend per share Nomination Committee
    [Show full text]
  • 2021 Quarterly Report (Unaudited)
    JANUARY 31, 2021 2021 Quarterly Report (Unaudited) iShares Trust Table of Contents Page iShares Cohen & Steers REIT ETF.......................................................................................................................................... 3 iShares Core Dividend Growth ETF ........................................................................................................................................ 5 iShares Core High Dividend ETF............................................................................................................................................ 11 iShares Core U.S. REIT ETF ............................................................................................................................................... 14 iShares Dow Jones U.S. ETF ............................................................................................................................................... 17 iShares Global REIT ETF................................................................................................................................................... 29 iShares International Developed Real Estate ETF............................................................................................................................ 34 iShares International Select Dividend ETF................................................................................................................................... 38 iShares Morningstar Large-Cap ETF .......................................................................................................................................
    [Show full text]
  • Proptech Market Update 1H 2020 EXECUTIVE SUMMARY – 1H 2020 REAL ESTATE TECHNOLOGY
    PRELIMINARY CONFIDENTIAL DRAFT PropTech Market Update 1H 2020 EXECUTIVE SUMMARY – 1H 2020 REAL ESTATE TECHNOLOGY » COVID-19 and the associated economic shut-down has broad implications for the Real Estate and PropTech markets » Market environment has created both opportunity and dislocation in PropTech and while some companies and market segments will be negatively impacted, many will benefit from tech tailwinds created by the crisis: PropTech is a massive market category with sub-verticals that are impacted in very different ways depending on their end-market focus, go-to-market strategy, distribution channels and revenue models – Sub-vertical Matters: Residential RE, CRE Office, CRE Multifamily, Mortgage Tech, Hospitality Tech, Construction Tech, Facilities Management, Data / Analytics businesses, etc. all have very different end-market dynamics that impact performance – Business Model Matters: Enterprise vs. B2C; recurring subscription revenue vs. transactional models; and fixed asset cost vs. variable costs drive preservation of revenue and unit economics – Scale Matters: Scale platform solutions help enhance ability to weather slowdown and emerge as a leaders and consolidators going forward vs. point solutions » M&A and growth investment deals are still getting done despite macro headwinds – 1H 2020 decline of only ~6% y/y in capital raise activity in the PropTech market despite COVID-19 and Q2 saw a 97% increase in invested capital y/y – driven by large investments in category leaders Vacasa, AirBnb and Sonder – $4.4Bn in growth capital raised YTD in the U.S. PropTech space across 136 deals through June 2020 – 36 U.S. PropTech M&A transactions through June 2020, including two significant transactions, First American’s acquisition of DocuTech and CoStar’s acquisition of RentPath » GCA believes that PropTech adoption will accelerate due to COVID-19 and the industry will emerge stronger as a result 2 LEADING ADVISORY TEAM FOCUSED ON THE PROPTECH MARKET GCA U.S.
    [Show full text]