Bringing you live news and features since 2006 

Solactive and UBS launch the EUR Ultra-Short Diversified Bond ESG ETF: Short IM and BCFH GY


Solactive has announced its collaboration with UBS Asset Management for the launch of their new UBS (Irl) ETF plc – EUR Ultra-Short Bond ESG UCITS ETF, tracking the Solactive EUR Ultra-Short Diversified Bond ESG Index.

The firm writes that this innovative index provides exposure to short-term debt securities denominated in Euro, including bonds, bills, commercial papers and certificate of deposits from sovereign, supranational and agency issuers in the Economic and Monetary Union (EMU). For the supranational and agency portion, the index incorporates environmental, social, and governance (ESG) factors into its selection process. For the government component, the index considers country risk ratings to screen sovereign issuers.

The firm writes that the Solactive EUR Ultra-Short Diversified Bond ESG Index is designed to meet the growing demand for sustainable fixed income investments by combining short duration with responsible investment principles. The index selects debt securities from sovereign, supranational, and agency issuers with a minimum amount outstanding of EUR100 million and a maximum maturity of six months. For the government debt portion, constituents are weighted based on market value. For agency and supranational debt part, constituents are equally weighted per issuer.

The ETF are listed on the Borsa Italiana under the ticker symbol SHORT IM, and on XETRA under the ticker symbol BCFH GY.

Timo Pfeiffer, Chief Markets Officer at Solactive, says: “We are excited to partner with UBS on this innovative index that marries short duration with responsible principles. ESG integration in core fixed income strategies is an important trend, and this Index allows transparent implementation at the benchmark level.”

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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