New iShares ETF on Xetra: Government bonds from emerging markets
New iShares ETF on Xetra: Government bonds from emerging markets
Since Friday, a new exchange traded fund of iShares has been tradable on Xetra and Börse Frankfurt.
With the iShares J.P. Morgan USD EM Bond UCITS ETF USD (Acc), investors can invest in US dollar-denominated government and quasi-government bonds from emerging markets. Both investment grade bonds and high yield bonds are included. The bonds have a fixed interest rate and have a remaining term to maturity of at least two years with a minimum amount outstanding of USD 1 billion.
Any coupon payments are reinvested. The annual cost is 0.45 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares J.P. Morgan USD EM Bond UCITS ETF USD (Acc) | Bond ETF | IE00BYXYYK40 | 0.45 per cent | Accumulating | J.P. Morgan EMBI Global Core Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,567 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.