New on Xetra: another share class of AXA IM with access to the global bond market for high-yield bonds
New on Xetra: another share class of AXA IM with access to the global bond market for high-yield bonds
Since Friday, a new share class of AXA Investment Managers has been tradable on Xetra and Börse Frankfurt.
The AXA IM Global High Yield Opportunities UCITS ETF is now also available to investors in the distributing share class. The ETF is actively managed and offers access to a portfolio of high yield bonds issued by companies in developed markets and denominated in CAD, EURO, GBP and US dollar. Non-USD currencies are hedged against the US dollar.
The bonds can be fixed or floating-rate bonds, convertible bonds, callable and perpetual bonds. The selection of debt securities is based on both available credit ratings and an internal credit and market risk analysis, in consideration of credit fundamentals. The benchmark is the ICE BofA Developed Markets High Yield Index.
The ETF can be traded in both euros and US dollars, taking into account the corresponding ticker.
Name | Asset class | ISIN | Ticker | Trading currency |
AXA IM Global High Yield Opportunities UCITS ETF USD Dis | Active Fixed Income ETF | AIGT | EUR | |
AXA IM Global High Yield Opportunities UCITS ETF USD Dis | Active Fixed Income ETF | AIGU | USD |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,330 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.