New Xtrackers ETF on Xetra: ESG-compliant corporate bonds from the financial, utility and industrial sectors
New Xtrackers ETF on Xetra: ESG-compliant corporate bonds from the financial, utility and industrial sectors
Since Wednesday, a new Exchange Traded Fund issued by Xtrackers is tradable on Xetra and Börse Frankfurt.
The Xtrackers ESG USD Corporate Bond UCITS ETF 2C - EURhedged enables investors to invest in fixed-interest corporate bonds denominated in US dollars worldwide, taking into account sustainability criteria. Only bonds of financial, utility or industrial companies with an investment grade rating, which have a remaining term of at least three years and a minimum outstanding volume of 750 million US dollars are considered.
Each company must have an ESG rating of at least BBB and therefore meet the ESG criteria. Companies with significant business activities in the areas of alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, nuclear power or weapons are excluded from the index.
Currency risks against the euro are minimised.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers ESG USD Corporate Bond UCITS ETF 2C - EUR hedged | Bond ETF | IE00BL58LL31 | 0.21 per cent | Accumulating | Bloomberg Barclays MSCI USD Liquid Investment Grade Corporate Sustainable and SRI Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,603 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.