Xetra/Börse Frankfurt: New SPDR Bond Index ETF Launched On Xetra - ETF Tracks Corporate Bonds Denominated In Pounds Sterling

A new exchange-listed bond index fund issued by SPDR (State Street Global Advisors) has been tradable in the XTF segment on Xetra since Tuesday.  

ETF name: SPDR Barclays 0-5 Year Sterling Corporate Bond UCITS ETF

Asset class: bond index ETF

ISIN: IE00BCBJF711

Total expense ratio: 0.20 percent

Distribution policy: distributing

Benchmark: Barclays 0-5 Year Sterling Corporate Bond Index

The new SPDR bond index ETF enables investors to participate in the performance of fixed-income corporate bonds denominated in British pounds. The underlying Barclays 0-5 Year Sterling Corporate Bond Index comprises bonds from companies in the industrial, utilities and finance sectors with a maturity of up to five years. Only investment-grade bonds are included. The composition of the index is reviewed monthly. 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,014 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €10 billion, makes Xetra Europe’s leading trading venue for ETFs.