Link: https://links.sgx.com/1.0.0/corporate-announcements/DR6EPWGFSJXVUN3N/f396aff1e868d15ee4e8a4575df26e083057b0e7845a69c444656dd414b11a3e

Summary:

• World's largest ETF posted 12-month total return of 17.46% for fiscal year ending September 30, 2025, closely tracking S&P 500 Index benchmark return of 17.60%

• Net assets under management surged $90.6 billion or 15.4% to record $680.3 billion from $589.7 billion prior year, driven by strong market appreciation and net inflows

• Net asset value per unit climbed to $666.31 from $574.05, representing 16.1% unit price appreciation as technology-heavy portfolio benefited from semiconductor and software sector strength

• Investment income reached $7.4 billion versus $6.8 billion prior year, with distributions to unitholders totaling $7.38 billion or $7.25 per unit, maintaining ultra-low 0.09% expense ratio

• Portfolio dominated by mega-cap technology with semiconductors comprising 13.8% of assets and software 11.4%, while top holdings include Apple, Microsoft, NVIDIA, Amazon and Alphabet representing substantial portfolio concentration

• Trust processed $992.6 billion in unit creations and $996.4 billion in redemptions during fiscal year, reflecting robust trading activity and tax-efficient in-kind transaction mechanism generating $100.5 billion in realized gains