New Active ETFs from J.P. Morgan on Xetra: access to Chinese Bonds with short maturities
New Active ETFs from J.P. Morgan on Xetra: access to Chinese Bonds with short maturities
Two new exchange-traded funds issued by J.P. Morgan Asset Management have been tradable on Xetra and via Börse Frankfurt since Tuesday.
The JPM RMB Ultra-Short Income UCITS ETF invests in CNY and CNH denominated debt instruments with low volatility and short maturity. The Chinese bonds are short-term fixed and floating rate corporate and government bonds with an investment grade rating. As a rule, the actively managed ETF invests up to 20 per cent in debt instruments issued by companies from the banking sector.
Investors can choose between a distributing and an accumulating share class.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
JPM RMB Ultra-Short Income UCITS ETF | Bond ETF | 0.28 per cent | distributing | ICE 3-Month China Government Index | |
JPM RMB Ultra-Short Income UCITS ETF | Bond ETF | 0.28 per cent | accumulating | ICE 3-Month China Government Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,805 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.