New iShares ETF on Xetra: Corporate bonds with a focus on sustainability
New iShares ETF on Xetra: Corporate bonds with a focus on sustainability
Since Thursday, a new Exchange Traded Fund of iShares has been tradable on Xetra and Börse Frankfurt.
With the iShares $ Corp Bond ESG UCITS ETF USD (Acc), investors can participate in the performance of fixed-income corporate bonds denominated in US dollars. The investment universe includes bonds with investment grade status, a minimum residual maturity of one year and a minimum outstanding amount of $300 million. The benchmark index excludes companies whose products have a negative social or environmental impact. These include producers of alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, nuclear power and weapons. The returns are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares $ Corp Bond ESG UCITS ETF USD (Acc) | Bond ETF | IE00BKKKWJ26 | 0.15 per cent | Accumulating | BBG Barclays US Corporate Sustainable SRI Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,535 ETFs. With this selection and an average monthly trading volume of around €11 billion, Xetra is the leading trading venue for ETFs in Europe.