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Germany : Three new UBS bond index ETFs launched on Xetra

June 19, 2014



Three new UBS Global Asset Management ETFs on US and euro-zone corporate bonds have been tradable in Deutsche Boerse s XTF segment since Wednesday.

ETF name: UBS ETF - Barclays US Liquid Corporates UCITS ETF (USD) A-dis Asset class: bond index ETF ISIN: LU1048316647 Total expense ratio: 0.18 percent Distribution policy: distributing Benchmark: Barclays US Liquid Corporates Total Return

ETF name: UBS ETF - Barclays US Liquid Corporates UCITS ETF (hedged to EUR) A-acc Asset class: bond index ETF ISIN: LU1048317025 Total expense ratio: 0.23 percent Distribution policy: non-distributing Benchmark: Barclays US Liquid Corporates Total Return

The first two UBS ETFs enable investors to participate in the performance of corporate bonds denominated in US dollars and issued in the USA. These bonds have an investment grade rating and a residual maturity of at least a year. The currency risk between the euro and US dollar is minimised via currency futures for the UBS ETF Barclays US Liquid Corporates UCITS ETF (hedged to EUR).

ETF name: UBS ETF - Barclays Euro Area Liquid Corporates 1-5 Year UCITS ETF (EUR) A-dis Asset class: bond index ETF ISIN: LU1048314196 Total expense ratio: 0.18 percent Distribution policy: distributing Benchmark: Barclays Euro Area Liquid Corporates 1-5 Year Total Return

The UBS ETF Barclays Euro Area Liquid Corporates 1-5 Year enables investors to participate in the performance of corporate bonds denominated in euros and issued in the euro zone. The reference index contains corporate bonds with an investment grade rating and residual maturity of between one and five years.

Deutsche Boerse s XTF segment product range currently comprises a total of 1,034 exchange traded funds. This selection, together with an average monthly trading volume of around 10 billion, makes Xetra Europe s leading trading venue for ETFs.


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Source: TendersInfo (India)


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