OREANDA-NEWS. A new bond index fund issued by UBS Global Asset Management on liquid US corporate bonds has been tradable in the XTF segment on Xetra since Thursday.

ETF name: UBS ETF - Barclays US Liquid Corporates 1-5 Year UCITS ETF
Asset class: bond index ETF
ISIN: LU1048314949
Ongoing charges: 0.18 percent
Distribution policy: distributing
Benchmark: Barclays US Liquid Corporates 1-5 Year Total Return Index

The new UBS ETF enables investors to participate in the performance of liquid USD-denominated bonds issued by companies domiciled in the USA. The corporate bonds in the index have an investment grade rating and a residual maturity of between one and five years.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,043 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.