New on Xetra: Active ETF from Janus Henderson with access to European AAA-rated collateralised loan obligations
New on Xetra: Active ETF from Janus Henderson with access to European AAA-rated collateralised loan obligations
Since Thursday, a new active exchange-traded fund issued by Janus Henderson Tabula Fund has been tradable on Xetra and Börse Frankfurt.
The Janus Henderson Tabula EUR AAA CLO UCITS ETF is actively managed and provides access to a portfolio of mainly AAA-rated European Collateralised Loan Obligations (CLOs). These consist of corporate loans that are bundled together and sold as securities. The interest rates on these loans are floating. They are secured by widely syndicated leveraged loans across all reinvestment periods, including static transactions.
The fund is subject to certain investment restrictions: it can invest up to 5 per cent of its net asset value in a single CLO security, up to 15 per cent in CLOs managed by a single manager, and up to 30 per cent in eligible non-European CLOs with securities not denominated in euros but hedged to euros.
A rigorous selection process is followed in the stock selection process to maximise exposure to high-quality and secure CLOs.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Janus Henderson Tabula EUR AAA CLO UCITS ETF | Active Fixed Income ETF | 0.35 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,330 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.