Tabula launches new corporate bonds ETF
Tabula has launched a new ETF, providing access to corporate bonds with a fixed coupon, on Xetra and Börse Frankfurt.
The Tabula iTraxx IG Bond UCITS ETF (EUR) - Acc enables investors to invest in an equally weighted portfolio of liquid European and euro-denominated corporate bonds with investment grade ratings.
In addition to a minimum outstanding volume of 500 million euros, securities with a residual term of three to seven years are considered, whereby the index is weighted in accordance with an average remaining term of five years. Any coupon payments are reinvested.