SPDR ETFs quotes one new Blackstone Euro AAA CLO UCITS ETF on the LSE

State Street Investment Management (SPDR ETFs) today has added one new State Street Blackstone Euro AAA CLO UCITS ETF (Acc) on the London Stock Exchange

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By ETFWorld.co.uk

Matteo Andreetto Head of Intermediary Client Coverage

State Street Blackstone Euro AAA CLO UCITS ETF (Acc)

The Fund’s investment objective is to generate risk adjusted returns from a combination of income and capital growth over the long term by investing in predominantly Euro-denominated investment grade debt tranches of collateralised loan obligations (“CLOs”).

Investment Strategy

The Fund is actively managed. The investment policy of the Fund is to invest up to 100% of its net assets in AAA-rated tranches of Euro-denominated debt issued by CLOs which give access to European senior secured corporate loans and bonds.

Source: ETFWorld.co.uk