New share class from AXA IM on Xetra: targeted exposure to short-term U.S. government bonds with distributing interest income

Release date: 24 Oct 2024 | Deutsche Börse Cash Market

New share class from AXA IM on Xetra: targeted exposure to short-term U.S. government bonds with distributing interest income

Since Thursday, a new share class from AXA Investment Managers has been tradable on Xetra and Börse Frankfurt.

The AXA IM ICE US Treasury 0-1Y UCITS ETF pursues a passive investment strategy and tracks the performance of the ICE BofA 0-1 Year US Treasury Index. The Fund invests in US government debt securities denominated in US dollars with a maturity of less than one year. The fund must invest in at least six different bonds; the corresponding weighting may not exceed 30 per cent of net assets.

It is a distributing share class in which the interest income is issued to investors. The running costs are 0.07 per cent. The ETF can be traded in both euros and US dollars, in accordance with the relevant ticker.

Name

Asset class

ISIN

TickerTrading currency

Reference index

AXA IM ICE US Treasury 0-1Y UCITS ETF USD DisFixed Income ETFIE000PO34ON2

A0DT

EUR

ICE BofA 0-1 Year US Treasury Index
AXA IM ICE US Treasury 0-1Y UCITS ETF USD DisFixed Income ETF

IE000PO34ON2

A0DU

USD

ICE BofA 0-1 Year US Treasury Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,273 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.                                                                      

Further information