New iShares ETF on investment grade bonds from companies with good sustainability ratings

Release date: 11 Jan 2019 | Deutsche Börse Cash Market

New iShares ETF on investment grade bonds from companies with good sustainability ratings

Since Friday, a new Exchange Traded Fund of iShares is tradable via Xetra and Börse Frankfurt.

With the iShares USD Corp Bond SRI 0-3yr UCITS Hedged (Acc) ETF, investors can participate in the performance of US dollar-denominated fixed-income bonds. These bonds are issued by companies worldwide that have a comparatively high ESG rating in their economic sector and investment grade status. The bonds have a maximum maturity of three years and must have a minimum outstanding amount of $300 million. However, companies whose products have a negative social or environmental impact are not included.

The ETF uses a hedging strategy to minimise the exchange rate risk between the base currency of the bonds and the euro.

 

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

iShares USD Corp Bond SRI 0-3yr UCITS ETF EUR Hedged (Acc)

 

Bond ETF

IE00BG5QQ390

 

0.17 per cent

Accumulating

Bloomberg Barclays MSCI US Corp 0-3 SRI Index

 

The product range in Deutsche Börse's XTF segment currently comprises a total of 1,371 ETFs. With this selection and an average monthly trading volume of around 13 billion euros, Xetra is the leading trading platform for ETFs in Europe.

Further information