# State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD (GIN)

**Page:** https://fundology.uk/fund/gin · ISIN IE00BQWJFQ70

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, GIN (State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD, ISIN IE00BQWJFQ70) closed at £28.43 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its price changed by +1.0% (income paid out is not included), or −21.2% after UK CPIH inflation.

## Summary

SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD is an exchange-traded fund (ETF) from SPDR, launched in 2015. It tracks the Morningstar Global Multi-Asset Infrastructure Total Return Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£28.43** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GIN |
| ISIN | IE00BQWJFQ70 |
| Also listed as | MAGI (London Stock Exchange, US dollars), ZPRI (Xetra, euros) |
| Category | Ready-made mixes |
| Type | ETF |
| Provider | SPDR |
| Tracks | Morningstar Global Multi-Asset Infrastructure Total Return Index - USD |
| Income | Distributing |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £523m |
| Launched | 2015 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/04/2015 |

## Income and distributions

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 14/11/2026, the latest distribution of GIN was US$0.6139 per share: it went ex-dividend on 01/10/2026 and was paid on 14/10/2026. In the 12 months to 14/11/2026 GIN declared 2 distributions, together US$1.1367 per share.

Latest distributions of GIN per share, as of 14/11/2026:

| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| 01/10/2026 | 14/10/2026 | US$0.6139 |
| 01/04/2026 | 13/04/2026 | US$0.5228 |
| 01/10/2025 | 14/10/2025 | US$0.5904 |
| 01/04/2025 | 11/04/2025 | US$0.4764 |
| 01/10/2024 | 11/10/2024 | US$0.5251 |
| 03/04/2024 | 15/04/2024 | US$0.4426 |
| 02/10/2023 | 12/10/2023 | US$0.5171 |
| 03/04/2023 | 13/04/2023 | US$0.3777 |

GIN declares its distributions in US dollars; what reaches an account in pounds depends on the exchange rate the platform uses.

Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 22 distributions are on record since 01/10/2015.

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +2.62% | -1.02% | price only |
| 3 years | +14.69% | +3.62% | price only |
| 5 years | +1.01% | -21.15% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD in pounds (price only, income paid out not included): 2022 −5.6%, 2023 −1.4%, 2024 +2.5%, 2025 +2.4%; 2026 to 13/11/2026 +3.7%. Returns of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +2.2%; to 30/09/2025: +1.4%; to 30/09/2024: +6.1%; to 30/09/2023: −5.7%; to 30/09/2022: −1.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -5.6% | -13.6% | Price |
| 2023 | -1.4% | -5.3% | Price |
| 2024 | +2.5% | -0.9% | Price |
| 2025 | +2.4% | -1.1% | Price |
| 2026 to 13/11/2026 | +3.7% | +0.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 7.70% | -7.36% |
| 3 years | 7.76% | -7.53% |
| 5 years | 8.73% | -15.86% |

## Largest fall

Volatility of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD in pounds, annualised from weekly returns to 13/11/2026: 7.7% over 1 year, 7.8% over 3 years, 8.7% over 5 years. Largest fall in the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD since November 2021, in pounds: −15.9% from 19/08/2022 to 27/10/2023. The lowest 12-month return of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD in pounds (price only, income paid out not included) since January 2021 was −13.7% (12 months to 18/08/2023); the highest was +12.5% (12 months to 10/04/2026). On 13/11/2026 the price of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD was 3.6% below its highest weekly close since November 2021 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD 0.40% a year. Compared on 14/11/2026, 7 of the 43 other ready-made mixed funds charge more, 0 the same and 36 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 05/11/2026, GIN holds 1,693 positions, according to its published holdings. The largest is NextEra Energy at 1.78% of the fund; the ten largest make up 11.6%.

### Top holdings

Largest positions (as of 05/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NextEra Energy | [NEE](https://fundology.uk/stock/NEE) | 1.78% |
| 2 | Union Pacific | [UNP](https://fundology.uk/stock/UNP) | 1.71% |
| 3 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 1.52% |
| 4 | Enbridge | [ENB](https://fundology.uk/stock/ENB) | 1.04% |
| 5 | Southern | [SO](https://fundology.uk/stock/SO) | 1.04% |
| 6 | Duke Energy Corporation (Holding Company) | [DUK](https://fundology.uk/stock/DUK) | 0.98% |
| 7 | CSX | [CSX](https://fundology.uk/stock/CSX) | 0.91% |
| 8 | American Tower Corporation (REIT) | [AMT](https://fundology.uk/stock/AMT) | 0.88% |
| 9 | Waste Management | [WM](https://fundology.uk/stock/WM) | 0.87% |
| 10 | National Grid | [NG.](https://fundology.uk/stock/NG.) | 0.85% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 05/11/2026.

| Country | Weight |
|---|---|
| United States | 54.5% |
| XU | 12.8% |
| Canada | 6.8% |
| France | 4.5% |
| Japan | 3.0% |
| Spain | 2.6% |
| Hong Kong | 1.7% |
| United Kingdom | 1.7% |
| Other countries | 11.0% |
| Not classified | 0.4% |

The 1,637 holdings on record (of 1,693 reported): https://fundology.uk/fund/gin/holdings

## Questions people ask

**What is the ongoing charge of GIN?**

The ongoing charge of GIN is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of SSgA SPDR ETFs Europe II PLC - State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF Ptg USD 0.40% a year. Compared on 14/11/2026, 7 of the 43 other ready-made mixed funds charge more, 0 the same and 36 less (share classes counted once).

**What does GIN track?**

GIN tracks the Morningstar Global Multi-Asset Infrastructure Total Return Index - USD.

**Is GIN accumulating or distributing?**

GIN is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**When does GIN pay dividends?**

GIN pays its income out twice a year. In the 12 months to 14/11/2026 it went ex-dividend on 01/04/2026 and 01/10/2026. The latest distribution went ex-dividend on 01/10/2026 and was paid on 14/10/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.

**What is the ISIN of GIN?**

The ISIN of GIN is IE00BQWJFQ70. An ISIN identifies one exact share class of a fund; GIN is its ticker on the London Stock Exchange. The same share class is also listed as MAGI (London Stock Exchange, US dollars) and ZPRI (Xetra, euros).

**What does GIN hold?**

As of 05/11/2026, GIN holds 1,693 positions, according to its published holdings. The largest is NextEra Energy at 1.78% of the fund; the ten largest make up 11.6%. Its ten largest holdings are NextEra Energy (1.78%), Union Pacific (1.71%), Iberdrola (1.52%), Enbridge (1.04%), Southern (1.04%), Duke Energy Corporation (Holding Company) (0.98%), CSX (0.91%), American Tower Corporation (REIT) (0.88%), Waste Management (0.87%) and National Grid (0.85%).

**What were GIN’s returns in each of the last five years?**

Calendar-year returns of GIN in pounds (price only, income paid out not included): 2022 −5.6%, 2023 −1.4%, 2024 +2.5%, 2025 +2.4%; 2026 to 13/11/2026 +3.7%. Past performance is not a guide to future returns.

**How has GIN done after inflation?**

Over the five years to 13/11/2026 GIN’s price changed by +1.0% (income paid out is not included), or −21.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-morningstar-multi-asset-global-infrastructure-ucits-etf-dist-zpri-gy)
- [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BQWJFQ70&documentType=kiid&country=uk&language=en_gb&ticker=zpri-gy)
- [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-zpri-gy.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.