Three new bond index ETFs issued by iShares have been tradable in Deutsche Börse’s XTF segment since Monday.
ETF name: iShares Euro Corporate Bond Financials UCITS ETF
Asset class: bond index ETF
ISIN: DE000A1W0MX4
Total expense ratio: 0.20 percent
Distribution policy: distributing
Benchmark: Barclays Euro Aggregate Financial Index
ETF name: iShares Global Corporate Bond EUR Hedged UCITS ETF
Asset class: bond index ETF
ISIN: DE000A1W2KG9
Total expense ratio: 0.25 percent
Distribution policy: distributing
Benchmark: Barclays Global Aggregate Corporate Index (EUR hedged)
ETF name: iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF
Asset class: bond index ETF
ISIN: DE000A1W0PN8
Total expense ratio: 0.50 percent
Distribution policy: distributing
Benchmark: J.P.Morgan EMBI Global Core Index hedged to Euro
The iShares Euro Corporate Bond Financials UCITS ETF provides investors with access to euro corporate bonds with investment grade rating, issued by companies from the banking, insurance and finance sectors as well as brokerage and real estate investment trusts (REITs). The corporate bonds have a residual maturity of at least one year and an outstanding volume of at least €300 million.
The iShares Global Corporate Bond EUR Hedged UCITS ETF tracks the performance of fixed-income corporate bonds with investment grade rating, issued by companies from industrialised and emerging market countries around the world. The currency risk between the euro and the currencies of the corporate bonds is minimised in the form of currency futures. The bonds have a residual maturity of at least one year.
The iShares J. P. Morgan $ EM Bond EUR Hedged UCITS ETF enables investors to participate in the performance of US dollar government bonds and quasi-government bonds from emerging markets. The currency risk between the euro and the US dollar is minimised in the form of currency futures. The bonds have a residual maturity of at least two years and an outstanding volume of at least €1 billion.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,013 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €11 billion, makes Xetra Europe’s leading trading venue for ETFs.