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UBS launches new bond index ETF on corporate bonds on Xetra


A new exchange traded fund issued by UBS Global Asset Management has launched on Xetra and Börse Frankfurt.

The UBS ETF – JP Morgan USD EM Diversified Bond 1-5 UCITS ETF (hedged to EUR) A-acc enables investors to participate in a diversified portfolio of different corporate bonds from emerging market countries with terms of one to five years.
 
This new unit class hedges the exchange rate risk between the US dollar and the euro.

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