Bringing you live news and features since 2006 

SPDR launches ETF on global convertible bonds on Xetra

RELATED TOPICS​

A new bond index ETF from State Street Global Advisors is tradable on Xetra and Börse Frankfurt, giving access to the global convertible bond market.

The reference index comprises investment grade and non-investment grade convertible bonds as well as instruments without a rating. The convertible bonds can be fixed or floating rate. The index components must meet certain minimum size requirements in their national currency for inclusion in the reference index. The ETF uses a hedging strategy to minimise the exchange rate risk between the base currency of the index components and the euro.
 
Ongoing fees are 0.55 per cent.

Latest News

Invesco’s Paul Syms, Head of EMEA ETF Fixed Income and Commodity Product Management, has commented on the gold price, saying:..
Everysk, a provider of customisable, no-code, low-code intelligent automation solutions, has been chosen as a strategic partner of Dynamic Beta..
Rize ETF has listed its new Rize Circular Economy Enablers UCITS ETF (CYCL) on the London Stock Exchange (LSE) and..
DWS has launched a new Xtrackers ETF based on European Nordic equity markets, aligned with the goals of the 2015..

Related Articles

Stephanie Miller Pierce, BNY Mellon
The three-year anniversary of BNY Mellon Investment Management’s launch of ETFs was marked by the quarter one growth of 172...
South Korea Flag
The overall trend in retail subscriptions to mutual funds in Korea is shifting gradually toward ETFs, as exchange-traded offerings have...
“The beauty of ETFs is that you can have effectively a rules-based strategy at low cost” says Laurent Kssis, head...
Henry Timmons, RBA
Henry Timmons, director of ETFs and Michael Contopoulos, director of fixed income at Richard Bernstein Advisors are on a mission...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by