SPDR ETF Since Wednesday lists one new exchange traded fund from SPDR is tradable on London Stock Exchange
By ETFWorld.co.uk
SPDR® Refinitiv Global Convertible Bond GBP Hdg UCITS ETF (Dist)
Fund Objective
The objective of the Fund is to track the performance of the global convertible bond market.
Index Description
The represents the performance achieved when hedging the currency exposure of its parent index, the Refinitiv Qualified Global Convertible Index, to GBP. The index is 100% hedged to GBP by selling forwards of all the currencies in the parent index at each monthly rebalance based on the anticipated exposure to each currency following the rebalance.
The Refinitiv Qualified Global Convertible Index is designed to provide a broad measure of the performance of the investable, global convertible bond market.
Name : SPDR® Refinitiv Global Convertible Bond GBP Hdg UCITS ETF (Dist)
ISIN : IE00BDT6FT30
Asset Class : Fixed Income
Sedol : BFMN692
Trading Currency : GBP
Total Expense Ratio : 0.55%
Reference index : Refinitiv Qualified Global Convertible Monthly Hedged (GBP) index
Source: ETFWorld.co.uk
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