New SPDR ETF on Xetra: Corporate bonds with a focus on sustainability
New SPDR ETF on Xetra: Corporate bonds with a focus on sustainability
Since Monday a new Exchange Traded Fund issued by State Street Global Advisors is tradable on Xetra and Börse Frankfurt.
The SPDR Bloomberg SASB Euro Corporate ESG UCITS ETF provides investors access to investment grade, fixed-rate corporate bonds denominated in Euro, with the majority having an ESG rating. Bonds issued by companies linked to environmental catastrophes, weapons, thermal coal, tobacco or violations of the United Nations Global Compact are excluded. In addition, the bonds must have a remaining term of at least one year and a minimum outstanding volume of 300 million euros.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR Bloomberg SASB Euro Corporate ESG UCITS ETF | Bond ETF | IE00BLF7VW10 | 0.15 per cent | Accumulating | Bloomberg SASB Euro Corporate ESG Ex-Controversies Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,591 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.