New iShares ETF on Xetra: short-term corporate bonds with a focus on sustainability
New iShares ETF on Xetra: short-term corporate bonds with a focus on sustainability
Since Wednesday, a new Exchange Traded Fund issued by iShares has been tradable on Xetra and the Frankfurt Stock Exchange.
With the iShares € Ultrashort Bond ESG UCITS ETF EUR (Dist), investors can invest in short-term fixed and floating rate corporate bonds. Included are bonds issued in euros with an investment grade rating and a maximum term of three years. In addition, bonds of companies whose business activities are associated with weapons or tobacco or are not in line with the principles of the United Nations Global Compact are filtered out.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares € Ultrashort Bond ESG UCITS ETF EUR (Dist) | Bond ETF | IE00BJP26D89 | 0.09 per cent | Distributing | iBoxx MSCI ESG EUR Liquid Investment Grade Ultrashort Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,536 ETFs. With this selection and an average monthly trading volume of around €11 billion, Xetra is the leading trading venue for ETFs in Europe.