New UBS bond index ETF launched on Xetra

ETF offers access to liquid US corporate bonds……

Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy 

A new bond index fund issued by UBS Global Asset Management on liquid US corporate bonds has been tradable in the XTF segment on Xetra since Thursday.

ETF name: UBS ETF – Barclays US Liquid Corporates 1-5 Year UCITS ETF
Asset class: bond index ETF
ISIN: LU1048314949
Ongoing charges: 0.18 percent
Distribution policy: distributing
Benchmark: Barclays US Liquid Corporates 1-5 Year Total Return Index

The new UBS ETF enables investors to participate in the performance of liquid USD-denominated bonds issued by companies domiciled in the USA. The corporate bonds in the index have an investment grade rating and a residual maturity of between one and five years.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,043 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.