New SPDR ETF on Xetra: Corporate bonds with a focus on sustainability
New SPDR ETF on Xetra: Corporate bonds with a focus on sustainability
Since Monday a new Exchange Traded Fund issued by State Street Global Advisors is tradable on Xetra and Börse Frankfurt.
The SPDR Bloomberg SASB U.S. Corporate ESG UCITS ETF provides investors with access to fixed income, US dollar-denominated, investment-grade corporate bonds, which generally have an ESG rating. Companies associated with environmental disasters, weapons, thermal coal mining, tobacco or violations of the United Nations Global Compact are excluded. In addition to a remaining term of at least one year, the bonds must have an outstanding minimum volume of 300 million euros.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR Bloomberg SASB U.S. Corporate ESG UCITS ETF | Bond ETF | IE00BLF7VX27 | 0.15 per cent | Accumulating | Bloomberg SASB US Corporate ESG Ex-Controversies Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,593 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.