New bond ETF from Amundi on Xetra: access to the global bond market with investment grade and currency hedging
Since Thursday, a new exchange-traded fund issued by Amundi Asset Management has been tradable on Xetra and via the trading venue Börse Frankfurt.
The Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR – EUR Hedged gives investors access to global government bonds from 13 developed countries such as the USA, Japan, France and the UK. Fixed income bonds with investment grade ratings and different maturities issued in the local currency are selected.
The ETF is currency-hedged, so the impact of exchange rate fluctuations is minimised.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Reference index |
|
Amundi Index J.P. Morgan GBI Global Govies UCITS ETF DR – EUR Hedged |
Fixed Income ETF |
LU1708330235 |
0.22 per cent |
JP Morgan Government Bond Global Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,048 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.