New iShares ETFs on Xetra: Eurozone government bonds with focus on climate change
New iShares ETFs on Xetra: Eurozone government bonds with focus on climate change
Since Monday, two new exchange traded funds issued by iShares have been tradable on Xetra and Börse Frankfurt.
The iShares EUR Govt Bond Climate UCITS ETF EUR enables investors to invest in euro-denominated fixed income government bonds of eurozone countries that have an investment grade rating and a minimum residual maturity of one year. The underlying index is overweight in bonds from countries that are less exposed to the effects of climate change. For this purpose, the physical risk of climate change (e.g. natural disasters) and the precautionary measures taken by the respective country are considered, as well as the cost of reducing greenhouse gas emissions. Investors have the choice between an accumulating and a distributing share class.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares EUR Govt Bond Climate UCITS ETF EUR (Acc) | Bond ETF | IE00BLDGH553 | 0.09 per cent | Accumulating | FTSE Advanced Climate Risk-Adjusted European Monetary Union (EMU) Government Bond Index |
iShares EUR Govt Bond Climate UCITS ETF EUR (Dist) | Bond ETF | IE00BLDGH447 | 0.09 per cent | Distributing | FTSE Advanced Climate Risk-Adjusted European Monetary Union (EMU) Government Bond Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,584 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.