New on Xetra: active exchange-traded fund from iShares offers access to the global bond market
Since Thursday, a new active exchange-traded fund issued by iShares has been tradable on Xetra and Börse Frankfurt.
The iShares € Flexible Income Bond Active UCITS ETF is actively managed and offers investors access to the global bond market. The fund can invest in fixed-rate, floating-rate and inflation-linked bonds issued by governments, government agencies, corporations and supranational issuers worldwide. Up to 60 per cent of the fund's assets may be invested in securities with a rating below investment grade or without a rating.
Investors can use the Bloomberg Euro Aggregate Bond Index as a benchmark.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
|
iShares € Flexible Income Bond Active UCITS ETF EUR (Dist) |
Active Fixed Income ETF |
0.40 per cent |
distributing |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,363 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.