SPDR ETFs, the exchange traded funds (ETF) platform of State Street Global Advisors (SSgA), has registered a new fixed income ETF for sale in the UK. The SPDR Barclays Capital 1-3 Year Euro Government Bond ETF, listed on the Deutsche Borse, invests in short maturity European government bonds. All SPDR ETFs are physically replicated.
The SPDR Barclays Capital 1-3 Year Euro Government Bond ETF tracks the Barclays Capital 1-3 Year Euro Treasury Bond Index which consists of approximately 75 fixed-rate, investment-grade public obligations of the participating countries in the European Monetary Union. Only investment grade bonds issued in euro or legacy euro currencies with a maturity between one and three years are included
The new SPDR ETF continues a focus from SSgA on delivering physically managed core fixed income allocation ETFs for investors.
Eleanor Hope-Bell (pictured), head of the Intermediary Business for northern Europe at SSgA says: “With a strong focus on liquidity and transparency, investors are increasingly drawn to ETFs and growth in this market continues at a strong pace. SPDR remains committed to offering investors core building blocks in which they can build long-term strategic portfolios.”
There are now 30 SPDR ETFs listed on European exchanges including Deutsche Börse, Euronext Paris, the London Stock Exchange, SIX Swiss Exchange and Borsa Italiana.