New on Xetra: additional share classes from AXA IM with access to the global bond market for high-yield bonds
New on Xetra: additional share classes from AXA IM with access to the global bond market for high-yield bonds
Two new share classes from AXA Investment Managers have been tradable on Xetra and Börse Frankfurt since Thursday.
Investors can now invest in the AXA IM Global High Yield Opportunities UCITS ETF in both the accumulating and the distributing share class with currency hedging against the euro.
The fund is actively managed and offers access to a portfolio of high-yield corporate bonds from industrialised countries in the currencies CAD, EUR, GBP and US$.
The bonds can be fixed-rate, floating-rate, convertible, callable or perpetual bonds. The selection of debt securities is based on both available credit ratings and an internal credit and market risk analysis, taking into account credit fundamentals. The benchmark is the ICE BofA Developed Markets High Yield Index.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
AXA IM Global High Yield Opportunities UCITS ETF (H) EUR Acc | Active Fixed Income ETF | 0.48 per cent | accumulating | |
AXA IM Global High Yield Opportunities UCITS ETF (H) EUR Dis | Active Fixed Income ETF | 0.48 per cent | distributing |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,339 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.