A new exchange-traded fund issued by HSBC Asset Management has been tradable on Xetra and Börse Frankfurt since Tuesday.
The HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF offers investors access to the performance of fixed-income investment grade bonds with a maturity of one year to three years issued by issuers from industrialised and emerging countries.
Government and corporate bonds as well as government-related bonds that fulfil sustainability-related criteria are considered. Issuers active in the fields of weapons, tobacco, alcohol, gambling, nuclear power, genetically modified organisms, oil sands and power station coal are excluded.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF | Bond-ETF | IE000XGNMWE1 | 0.18 per cent | accumulating | Bloomberg MSCI Global Aggregate 1-3 Year SRI Carbon ESG-Weighted Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,757 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.