UBS Global Asset Management has launched a new bond index exchange traded fund focused on liquid US corporate bonds in the XTF segment on Xetra.
The UBS ETF – Barclays US Liquid Corporates 1-5 Year UCITS ETF enables investors to participate in the performance of liquid USD-denominated bonds issued by companies domiciled in the USA. The corporate bonds in the index have an investment grade rating and a residual maturity of between one and five years.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,043 exchange traded funds. This selection, together with an average monthly trading volume of around EUR11 billion, makes Xetra Europe’s leading trading venue for ETFs.