New on Xetra: fixed income ETF from iShares with access to sustainable corporate bonds with floating interest rates
New on Xetra: fixed income ETF from iShares with access to sustainable corporate bonds with floating interest rates
A new exchange-traded fund issued by iShares has been tradable on Xetra and Börse Frankfurt since Monday.
The iShares € Floating Rate Bond ESG UCITS ETF offers investors access to the fixed income market for corporate bonds. Only euro-denominated, floating-rate corporate bonds with an investment grade rating and a residual maturity of at least one month are considered.
The exposure per issuer is limited to 3 per cent. In addition, issuers must meet certain ESG criteria.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Underlying Index |
iShares € Floating Rate Bond ESG UCITS ETF EUR (Acc) | Fixed Income ETF | 0.10 per cent | accumulating | Bloomberg MSCI EUR FRN Corporate 3% Issuer Cap Bond Sustainable SRI Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,388 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.