New Tabula ETF on Xetra: European Investment Grade Corporate Bonds with a fixed coupon
New Tabula ETF on Xetra: European Investment Grade Corporate Bonds with a fixed coupon
Since Wednesday, a new exchange traded fund issued by Tabula is tradable on Xetra and Börse Frankfurt.
The Tabula iTraxx IG Bond UCITS ETF (EUR) - Acc enables investors to invest in an equally weighted portfolio of liquid European and euro-denominated corporate bonds with investment grade ratings. In addition to a minimum outstanding volume of 500 million euros, securities with a residual term of three to seven years are considered, whereby the index is weighted in accordance with an average remaining term of five years. Any coupon payments are reinvested.
Name | Asset Clas | ISIN | Ongoing charges | Distribution policy | Reference index |
Tabula iTraxx IG Bond UCITS ETF (EUR) - Acc | Bond ETF | IE00BKP52691 | 0.29 per cent | Accumulating | iBoxx iTraxx Europe Bond Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,619 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.