A new exchange-traded fund issued by J.P. Morgan Asset Management has been tradable on Xetra and Börse Frankfurt since Wednesday.
The JPM BetaBuilders China Aggregate Bond UCITS ETF – USD (acc) offersinvestors access to fixed-rate Chinese yuan-denominated bonds with investment-grade rating. The bonds are issued by the PRC government, PRC government-related banks such as the China Development Bank, as well as PRC local authorities, agencies and corporate issuers.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|JPM BetaBuilders China Aggregate Bond UCITS ETF – USD (acc)||Bond ETF||IE000TB7IEF3||0.25 per cent||accumulating||Bloomberg China Treasury + Policy Bank + Liquid IG Credit Issuers Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,813 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.