Two new UBS ETFs launched on Xetra
Two new exchange-traded bond index funds from the issuer UBS ETF SICAV have been launched on Deutsche Börse’s XTF segment.
The funds are UBS ETF SBI Foreign AAA-BBB 1-5 UCITS ETF (CHF) and UBS ETF SBI Foreign AAA-BBB 5-10 UCITS ETF (CHF).
The new ETFs give investors domiciled outside Switzerland the opportunity for the first time in Europe to participate in the performance of Swiss franc bonds from foreign issuers. The bonds are issued by governments, supranational organisations and companies. Only investment grade bonds are included. The investor can choose between residual maturity ranges of one to five or five to 10 years.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,000 exchange-listed index funds, making it the largest offering of all European stock exchanges.
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