New UBS ETF on Xetra: Currency-hedged sustainable corporate bonds worldwide
New UBS ETF on Xetra: Currency-hedged sustainable corporate bonds worldwide
Since Tuesday, a new Exchange Traded Fund issued by UBS Global Asset Management has been tradable on Xetra and Börse Frankfurt.
The UBS ETF – Bloomberg Barclays MSCI Global Liquid Corporates Sustainable UCITS ETF (hedged to EUR) A-acc enables investors to participate in the performance of fixed income corporate bonds with an investment grade rating. The bonds from the USA, Canada, the euro zone and the UK are issued in local currency and take sustainability criteria into account. To be included in the index, the bonds must have a remaining maturity of at least one year and must have been issued in the last three to five years. The exchange rate risk against the euro is minimized and accruing coupon payments are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF – Bloomberg Barclays MSCI Global Liquid Corporates Sustainable UCITS ETF (hedged to EUR) A-acc | Equity ETF | LU2099992260 | 0.25 per cent | Accumulating | Bloomberg Barclays MSCI Global Liquid Corporates Sustainable Bond hedged to EUR Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,572 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.