New share class from AXA IM on Xetra: access to the bond market for high-yield US bonds
New share class from AXA IM on Xetra: access to the bond market for high-yield US bonds
The AXA IM US High Yield Opportunities UCITS ETF has been tradable in the distributing share class of AXA Investment Managers via Xetra and the Frankfurt Stock Exchange since today.
The AXA IM US High Yield Opportunities UCITS ETF – USD Dis pursues an active investment strategy and invests in high-yield bonds of U.S. companies that are denominated in U.S. dollars and are rated as sub-investment grade on average. These include fixed and floating-rate bonds, convertible bonds, callable and perpetual bonds and 144A securities.
The selection of debt securities is based not only on publicly available credit ratings, but also on internal credit and market risk analyses by the investment management.
This is a distributing share class in which the interest income is paid out to the investors.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
AXA IM US High Yield Opportunities UCITS ETF - USD Dis | Active Fixed Income ETF | 0.35 per cent | Distributing |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,233 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.