Two new ETFs issued by iShares are tradable on Xetra and via Börse Frankfurt.
The iShares € Corp Bond ex-Financials UCITS ETF gives investors access to fixed-income euro-denominated corporate bonds with investment grade rating. Bonds are issued by industrial and utility companies but excludes financial issuers. The securities have a remaining time to maturity of at least one year and must have a minimum amount outstanding of EUR300 million.
The iShares € Corp Bond SRI 0-3yr ESG UCITS ETF tracks the performance of investment grade fixed-income corporate bonds denominated in Euro. Bonds with a remaining time to maturity of no longer than three years are included and must have a minimum amount outstanding of EUR300 million. The ETF follows a best-in-class approach to sustainable investing and considers the best issuers based on the ESG rating from the respective sector. Companies from controversial business sectors such as alcohol, nuclear power, military weapons, or thermal coal are excluded.