New iShares-ETF on Xetra: Sustainable USD corporate bonds
New iShares-ETF on Xetra: Sustainable USD corporate bonds
Since Monday, a new ETF issued by iShares has been tradable on Xetra and Börse Frankfurt.
The iShares $ Corp Bond ESG UCITS ETF EUR Hedged (Dist) allows investors to participate in the performance of fixed income corporate bonds denominated in US dollars.
The investment universe includes bonds with investment grade status, a minimum residual maturity of one year and a minimum outstanding amount of $300 million. The benchmark index excludes companies whose products have negative social or environmental impacts: producers of alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, nuclear power and weapons. The returns are distributed. Investors are hedged against currency risks against the euro.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares $ Corp Bond ESG UCITS ETF EUR Hedged (Dist) | Bond ETF | IE00BH4G7D40 | 0.17 per cent | Distributing | BBG Barclays US Corporate Sustainable SRI Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,550 ETFs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.