New on Xetra: iShares ETFs offer access to global forestry and short-term US$ corporate bonds with currency hedging
New on Xetra: iShares ETFs offer access to global forestry and short-term US$ corporate bonds with currency hedging
Since Wednesday, two new exchange-traded funds issued by iShares have been tradable on Xetra and Börse Frankfurt.
The iShares Global Timber and Forestry UCITS ETF tracks the performance of the S&P Global Timber & Forestry Index, providing investors with access to the global timber and forestry sector. The companies can be based in developed or emerging countries and may be active in the ownership, management or upstream supply chain of forests and timber cultivation areas.
The iShares $ Short Duration Corp Bond UCITS ETF EUR Hedged (Dist) gives investors access to a broadly diversified portfolio of US$-denominated investment grade fixed income corporate bonds. Bonds must have a minimum residual maturity of 6 months and a maximum of 5 years. The weighting of any one issuer is limited to 3 per cent. Currency risks against the US$ are minimised.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares Global Timber and Forestry UCITS ETF USD (Acc) | Equity ETF | 0.65 per cent | accumulating | S&P Global Timber & Forestry Index | |
iShares $ Short Duration Corp Bond UCITS ETF EUR Hedged (Dist) | Fixed income ETF | 0.25 per cent | distributing | Markit iBoxx USD Liquid Investment Grade 0-5 Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,275 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.