New Invesco-ETF on Xetra: US government bonds with currency hedging
New Invesco-ETF on Xetra: US government bonds with currency hedging
A new Invesco Exchange Traded Fund has been tradable on Xetra and Börse Frankfurt since Monday.
The Invesco US Treasury Bond 7-10 Year UCITS ETF - EUR Hdg Dist enables investors to participate in the performance of tradable government bonds issued by the US government. The included securities are denominated in US dollars, have an investment grade rating of at least Baa3/BBB-/BBB-, an outstanding nominal value of at least USD 300 million and a remaining term of seven to ten years. The benchmark index excludes inflation-linked bonds, floating rate bonds, STRIP bonds and treasury bills.
The ETF applies a hedging strategy to minimize the foreign exchange risk between the base currency of the index components and the euro.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Invesco US Treasury Bond 7-10 Year UCITS ETF - EUR Hdg Dist | Bond ETF | IE00BF2FN869 | 0.10 per cent | Distributing | Bloomberg Barclays U.S. Treasury 7-10 Year Index |
The product range in Deutsche Börse's XTF segment currently comprises 1,409 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.