The new UBS ETF – Sustainable Development Bank Bonds UCITS ETF allows investors to participate in the performance of US dollar-denominated bonds issued by multilateral development banks….
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By ETFWorld.co.uk
These are internationally active institutions that enable the financing of sustainable projects with a positive social and environmental impact in developing countries.
Bonds issued by individual issuers are limited to 25 per cent in the ETF to ensure a diversified index composition.
The ETF is tradable as a reinvesting asset class that hedges the currency risk to the euro.
UBS ETF – Sustainable Development Bank Bonds UCITS ETF (hedged to EUR)
ISIN: LU1852211991
Ongoing charges: 0.23 per cent
Distribution policy: Accumulating
Reference index: Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped Index
Source: ETFWorld
