New bond ETF from J.P. Morgan on Xetra: Chinese bonds with currency hedging
New bond ETF from J.P. Morgan on Xetra: Chinese bonds with currency hedging
Since Thursday, a new exchange-traded fund issued by J.P. Morgan Asset Management is tradable on Xetra and via Börse Frankfurt.
The JPM BetaBuilders China Aggregate Bond UCITS ETF - EUR Hedged (acc) offers investors the opportunity to participate in the performance of fixed-income CNY-denominated debt instruments traded on the China Interbank Bond Market. The debt instruments are issued by the government of the People's Republic of China, government-related banks such as the China Development Bank, local governments, government agencies and investment grade Chinese companies.
This is a currency hedged share class, which means that the impact of exchange rate fluctuations is minimised.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
JPM BetaBuilders China Aggregate Bond UCITS ETF - EUR Hedged (acc) | Bond ETF | 0.28 per cent | accumulating | Bloomberg China Treasury + Policy Bank + Liquid IG Credit Issuers Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,859 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.