New bond index ETFs issued by JP Morgan on Xetra: access to Chinese bonds with investment-grade rating
A new exchange-traded fund issued by J.P. Morgan Asset Management has been tradable on Xetra and Börse Frankfurt since Wednesday.
The JPM BetaBuilders China Aggregate Bond UCITS ETF - USD (acc) offers investors access to fixed-rate Chinese yuan-denominated bonds with investment-grade rating. The bonds are issued by the PRC government, PRC government-related banks such as the China Development Bank, as well as PRC local authorities, agencies and corporate issuers.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
Reference index |
|
JPM BetaBuilders China Aggregate Bond UCITS ETF - USD (acc) |
Bond ETF |
IE000TB7IEF3 |
0.25 per cent |
accumulating |
Bloomberg China Treasury + Policy Bank + Liquid IG Credit Issuers Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,813 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.