ETFs offer access to euro-zone corporate bonds with a BBB-BB rating and stock corporations with buyback programme “Buyback Achievers”s..…
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
Two new iShares ETFs from BlackRock’s product offering have been tradable in Deutsche Börse’s XTF segment on Xetra since Thursday.
Name: iShares Euro Corporate Bond BBB-BB UCITS ETF
Asset class: bond index ETF
ISIN: DE000A12HUB1
Total expense ratio: 0.25 percent
Distribution policy: distributing
Benchmark: Markit iBoxx EUR Corporates BBB-BB (5% Issuer Cap) Index
The iShares Euro Corporate Bond BBB-BB UCITS ETF tracks the performance of corporate bonds denominated in euros that have a minimum rating of BB- and a maximum rating of BBB+. The bonds must also have a minimum outstanding volume of €250 million and a residual maturity of at least one year. The weighting is limited to five percent.
Name: iShares US Equity Buyback Achievers UCITS ETF
Asset class: equity index ETF
ISIN: DE000A14MBJ0
Total expense ratio: 0.55 percent
Distribution policy: accumulating
Benchmark: Nasdaq US Select Buyback Achievers Index
The iShares US Equity Buyback Achievers UCITS ETF enables investors to participate in the performance of stock corporations that employ share buyback programmes. The reference index, Nasdaq US Select Buyback Achievers Index, is composed of global companies that have bought back at least five percent net of their outstanding shares over the past twelve months. Further selection criteria are the debt ratio and price-to-book ratio. At least one of these two criteria must be below the sector average.
Source: ETFWorld.co.uk
Subscribe to Our Newsletter
