New UBS ETF on Xetra: sustainable eurozone corporate bonds with investment grade rating
New UBS ETF on Xetra: sustainable eurozone corporate bonds with investment grade rating
A new exchange traded fund issued by UBS Global Asset Management has been tradable on Xetra and Börse Frankfurt since Monday.
With the UBS ETF (LU) Bloomberg Barclays MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) A-acc, investors participate in the performance of euro-denominated, fixed-rate corporate bonds from the eurozone with an improved ESG profile compared to their peers. The index currently only includes debt securities from the financial institutions, industrials, and utilities sectors. Bonds with an investment grade rating and a minimum residual term of one year and a minimum outstanding volume of 500 million euros are considered. The debt instruments of an issuer are limited to five per cent.
Companies with significant business activities in the areas of alcohol, tobacco, gambling, adult entertainment, nuclear energy, weapons, and genetically modified organisms are excluded from the index.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (LU) Bloomberg Barclays MSCI Euro Area Liquid Corporates Sustainable UCITS ETF (EUR) A-acc | Bond ETF | LU1484799843 | 0.20 per cent | Accumulating | Bloomberg Barclays MSCI Euro Area Liquid Corporates Sustainable Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,648 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.