Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Three New UBS Bond Index ETFs Launched On Xetra - ETFs Provide Access To US And Euro-Zone Corporate Bonds

Date 18/06/2014

Three new UBS Global Asset Management ETFs on US and euro-zone corporate bonds have been tradable in Deutsche Börse’s XTF segment since Wednesday.  

ETF name: UBS ETF - Barclays US Liquid Corporates UCITS ETF (USD) A-dis
Asset class: bond index ETF
ISIN: LU1048316647
Total expense ratio: 0.18 percent
Distribution policy: distributing
Benchmark: Barclays US Liquid Corporates Total Return 

 

ETF name: UBS ETF - Barclays US Liquid Corporates UCITS ETF (hedged to EUR) A-acc
Asset class: bond index ETF 
ISIN: LU1048317025
Total expense ratio: 0.23 percent
Distribution policy: non-distributing
Benchmark: Barclays US Liquid Corporates Total Return

 

The first two UBS ETFs enable investors to participate in the performance of corporate bonds denominated in US dollars and issued in the USA. These bonds have an investment grade rating and a residual maturity of at least a year. The currency risk between the euro and US dollar is minimised via currency futures for the UBS ETF – Barclays US Liquid Corporates UCITS ETF (hedged to EUR).

ETF name: UBS ETF - Barclays Euro Area Liquid Corporates 1-5 Year
UCITS ETF (EUR) A-dis
Asset class: bond index ETF 
ISIN: LU1048314196
Total expense ratio: 0.18 percent
Distribution policy: distributing
Benchmark: Barclays Euro Area Liquid Corporates 1-5 Year Total Return

 

The UBS ETF – Barclays Euro Area Liquid Corporates 1-5 Year enables investors to participate in the performance of corporate bonds denominated in euros and issued in the euro zone. The reference index contains corporate bonds with an investment grade rating and residual maturity of between one and five years. 

Deutsche Börse’s XTF segment product range currently comprises a total of 1,034 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.