ETFWorld.co.uk

New UBS bond index ETF launched on Xetra

ETF offers access to US corporate bonds with currency hedging….


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A new bond index ETF on liquid US investment grade corporate bonds from UBS Global Asset Management has been tradable on Xetra in Deutsche Börse’s XTF segment since Wednesday.

ETF name: UBS ETF-Barclays US Liquid Corporates 1-5 UCITS ETF (hedged to EUR)

Asset class: bond index ETF

ISIN: LU1048315243

Ongoing charges: 0.23 percent

Distribution policy: accumulating

Benchmark: Barclays US Liquid Corporates 1-5 Year hedged to EUR 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 US. It also provides a hedge against EUR currency risk. The corporate bonds in the index have an investment grade rating and a residual maturity of between one and five years.

Source: ETFWorld.co.uk

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