New UBS ETF on Xetra: Bonds of international development banks with currency hedging

Release date: 02 May 2019 | Deutsche Börse Cash Market

New UBS ETF on Xetra: Bonds of international development banks with currency hedging

Since Thursday, a new Exchange Traded Fund from UBS Global Asset Management has been tradable via Xetra and Börse Frankfurt.

The UBS ETF - Sustainable Development Bank Bonds UCITS ETF allows investors to participate in the performance of US dollar-denominated bonds issued by multilateral development banks. These are internationally active institutions that enable the financing of sustainable projects with a positive social and environmental impact in developing countries. Bonds issued by individual issuers are limited to 25 per cent in the ETF to ensure a diversified index composition.

The ETF is tradable as a reinvesting asset class that hedges the currency risk to the euro.


Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

UBS ETF – Sustainable Development Bank Bonds UCITS ETF (hedged to EUR)

Bond ETF

LU1852211991

0.23 per cent

Accumulating

Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped Index

The product range in Deutsche Börse's XTF segment currently comprises a total of 1,432 ETFs. With this selection and an average monthly trading volume of around 12 billion euros, Xetra is the leading trading platform for ETFs in Europe.

Further information