Key Highlights

  • The fund tracks a customised MSCI index of Australian shares expected to produce higher dividend yields than the parent index.
  • Financial services account for 48.60 percent of the portfolio, compared with 34.37 percent for the category.
  • CSL is the largest holding at 12.58 percent, followed by ANZ Group Holdings at 10.00 percent.
  • Management fees and costs are 0.20 percent, and the annual yield is 6.96 percent.

The State Street SPDR MSCI Australia Select High Dividend Yield ETF (ASX:SYI) invests in a portfolio of securities that tracks a customised MSCI index of Australian shares. On 4 November 2026 the units were quoted at $32.98, down 10 cents or about 0.3 percent from the previous close of $33.09. The fund was admitted on 29 September 2010 and sits in the Equity Australia Equity Income category.

Fund detail

Information

Ticker

ASX:SYI

Benchmark

MSCI Australia Select Hgh Dvd Yld NR LCL

Category

Equity Australia Equity Income

Admitted

29 September 2010

Management fees and costs

0.20%

Fund size

$770.61 Million

Units outstanding

23,288,359

Annual yield

6.96%

Last price (4 November 2026)

$32.98

Total fund holdings

59 companies

ISIN

AU000000SYI8

Index method and costs

The index comprises shares and units that MSCI selects through a rules-based process, based on a likelihood of higher dividend yields than the average of its parent index. The fund holds the securities in proportion to the index weightings.

Management fees and costs are 0.20 percent, and the listing shows 97.08 percent of holdings above one billion dollars in market capitalisation. The Turnover ratio is 67.51 percent.

Sector and country weighting

Financial services are the largest sector at 48.60 percent, against 34.37 percent for the category. Healthcare is 13.77 percent against 6.00 percent, and communication services are 8.58 percent. Basic materials account for 7.19 percent against 19.89 percent for the category.

The fund is entirely Australian in its geographic exposure, while the listing reports a small negative cash balance of 1.01 percent.

Leading holdings

CSL leads at 12.58 percent, followed by ANZ Group Holdings at 10.00 percent, National Australia Bank at 9.66 percent and Westpac at 8.85 percent. Telstra, QBE, Coles, Santos, Evolution Mining and Computershare complete the top ten.

The ten largest holdings make up 68.98 percent of the fund, with 59 companies held in total.

Final Word

The fund's sector profile is concentrated in financial and healthcare companies, which sets it apart from the broader category. Its 0.20 percent fee and 6.96 percent annual yield are the principal figures on the listing, and the holdings are set by the index methodology rather than discretionary selection.