GALSPDR SSgA Global Allocation ETF
GAL Fund Description
GAL is an actively-managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes.
GAL Factset Analytics Insight
GAL aims to provide capital appreciation with a multi-asset-class, top-down strategy using ETFs and ETNs — mostly from State Street. By rule, equities dominate the asset allocation as the fund aims to assign more than half of its portfolio’s weight to equities. Roughly one-third of the fund will be invested in the international equity space, with another third to US equities, according to the issuer. Outside of equities, GAL also holds a lot of debt, reaching pretty far down the credit quality scale — over a third of its debt holdings are below investment grade. GAL uses proprietary quantitative models, as well as the fund adviser’s fundamental views on qualitative factors, to allocate exposure to these asset classes via ETFs. Investors should watch out for capital gains distributions.
GAL MSCI ESG Analytics Insight
SPDR SSgA Global Allocation ETF has an MSCI ESG Fund Rating of A based on a score of 7.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR SSgA Global Allocation ETF ranks in the 53th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GAL Summary Data
GAL Portfolio Data
GAL Index Data
GAL Fund Structure
GAL Tax Exposures
GAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GAL. GAL is rated a 4 out of 5.