New Invesco ETFs on Xetra: Bonds of utilities and industrial companies
New Invesco ETFs on Xetra: Bonds of utilities and industrial companies
Since Thursday, two new exchange traded funds issued by Invesco have been tradable on Xetra and Börse Frankfurt.
With the Invesco Euro Corporate Hybrid Bond UCITS ETF - Dist and the Invesco Euro Corporate Hybrid Bond UCITS ETF - Acc, investors have the choice between a distributing and an accumulating share class. They can invest in euro-denominated fixed-interest bonds of companies from the utility and industrial sector and government-related companies. Both investment grade bonds and high yield bonds with a minimum outstanding volume of €500 million and a minimum maturity of one and a half years will be considered. In addition, the weighting of a bond is limited to a maximum of eight per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Invesco Euro Corporate Hybrid Bond UCITS ETF - Dist | Bond ETF | IE00BKWD3966 | 0.39 per cent | Distributing | Bloomberg Barclays Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index |
Invesco Euro Corporate Hybrid Bond UCITS ETF - Acc | Bond ETF | IE00BKWD3B81 | 0.39 per cent | Accumulating | Bloomberg Barclays Euro Universal Corporate ex Financials Hybrid Capital Securities 8% Capped Bond Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,582 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.