New SPDR ETFs on Xetra: US government bonds and smart beta investment each with currency hedging
New SPDR ETFs on Xetra: US government bonds and smart beta investment each with currency hedging
Since Monday two new Exchange Traded Funds issued by State Street Global Advisors are tradable via Xetra and Börse Frankfurt.
The SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) allows investors to participate in the performance of US shares with high dividend payments. The Smart-Beta-ETF weights these shares based on the respective income levels and is tradable as a distributing and currency-hedged share class.
The SPDR ICE BofAML 0-5 Year EM USD Government Bond EUR Hdg UCITS ETF (Acc) offers a replica of US dollar-denominated emerging markets government bonds issued in the local US market and the Eurobond markets. The underlying index considers bonds with a fixed interest rate and a residual maturity of less than five years.
The bond ETF reinvests its earnings and also minimises exchange rate risks.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR S&P U.S. Dividend Aristocrats EUR Hdg UCITS ETF (Dist) | Equity ETF | IE00B979GK47 | 0.40 per cent | Distributing | S&P High Yield Dividend Aristocrats Dynamic Hedged Index |
SPDR ICE BofAML 0-5 Year EM USD Government Bond EUR Hdg UCITS ETF (Acc) | Bond ETF | IE00BJL36X53 | 0.47 per cent | Accumulating | ICE BofAML 0-5 Year EM USD Government Bond ex-144a EUR Dynamic Hedged Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,452 ETFs. With this selection and an average monthly trading volume of around EUR 11 billion, Xetra is the leading trading platform for ETFs in Europe.