SPDR ETFs quotes one new Bloomberg 1-5 Year U.S. Corporate Bond ETF on the LSE

State Street Investment Management (SPDR ETFs) today has added one new SPDR® Bloomberg 1-5 Year U.S. Corporate Bond UCITS ETF (Acc) on the London Stock Exchange

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By ETFWorld.co.uk

Matteo Andreetto Head of Intermediary Client Coverage

SPDR® Bloomberg 1-5 Year U.S. Corporate Bond UCITS ETF (Acc)

Fund Objective

The investment objective of the Fund is to seek to track the performance of the short and medium-dated, fixed-rate, investment-grade U.S. Dollar-denominated corporate bond market.

Index Description

The Index is an investment grade, fixed-rate, USD-denominated benchmark that selects securities eligible for the Bloomberg US Corporate Index, consisting of only securities with a maturity between one and up to, but not including five years.

Source: ETFWorld.co.uk