New on Xetra: Fixed Income ETF from HSBC with access to government bonds of the European Monetary Union
New on Xetra: Fixed Income ETF from HSBC with access to government bonds of the European Monetary Union
A new exchange-traded fund issued by HSBC Global Funds has been tradable on Xetra since Thursday.
The HSBC Euro Lower Carbon Government 1-3 Year Bond UCITS ETF tracks the performance of the Bloomberg Euro Government 1-3 Year Lower Carbon Tilted Index. The fund invests in investment grade fixed-rate government bonds issued by member states of the European Monetary Union with a maturity of one to three years.
The index aims to reduce carbon emissions and improve the MSCI ESG rating compared to the Bloomberg Euro Aggregate 1-3 Year Treasury Bond Index. Countries with a lower per capita CO2 score are overweighted.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
HSBC Euro Lower Carbon Government 1-3 Year Bond UCITS ETF (Acc) | Fixed Income ETF | IE0009WMIIC0 | 0.14 per cent | accumulating | Bloomberg Euro Government 1-3 Year Carbon Tilted Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,348 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.