A new bond index ETF on liquid US investment grade corporate bonds from UBS Global Asset Management has begun trading on Xetra in Deutsche Börse's XTF segment.
The UBS ETF-Barclays US Liquid Corporates 1-5 UCITS ETF (hedged to EUR) Asset class: bond index ETF enables investors to participate in the performance of liquid USD-denominated bonds issued by companies domiciled in the US. It also provides a hedge against EUR currency risk. 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 1,057 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
