New iShares ETF on Xetra: Sustainable US corporate bonds
New iShares ETF on Xetra: Sustainable US corporate bonds
Since Friday, a new iShares ETF has been tradable via Xetra and Börse Frankfurt.
With the iShares $ Corp Bond ESG UCITS ETF USD (Dist), investors can participate in the performance of fixed-interest corporate bonds denominated in US dollars. The investment universe includes bonds with an investment grade status, a remaining maturity of at least one year and a minimum outstanding amount of $300 million. The benchmark index excludes companies with products that have a negative social or environmental impact. These include producers of alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, nuclear power and weapons.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares $ Corp Bond ESG UCITS ETF USD (Dist) | Bond ETF | IE00BK4W7N32 | 0.15 per cent | Distributing | BBG Barclays US Corporate Sustainable SRI Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,528 ETFs. With this selection and an average monthly trading volume of around €11 billion, Xetra is the leading trading venue for ETFs in Europe.