AIDE
•
Fixed Income
AXA IM EURO CREDIT PAB UCITS ETF DISTRIBUTION EUR
TER (bps):
20
AUM (USD m):
44
ISIN:
IE00053HJRU7
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
18 Nov 2024
Climate Fund:
Yes
Benchmark
The AXA IM Euro Credit PAB UCITS ETF Acc Eur is actively managed in reference to the ICE BofA Euro Corporate Index Paris Aligned. To achieve its investment objective, the Fund invests at least 90% of net assets in investment grade, EUR denominated, fixed and floating rate debt securities (rated at least BBB- by Standard&Poor's or equivalent ratings by Moody's or Fitch or, if unrated, judged equivalent to those ratings by the Investment Manager) that are issued by companies that are component securities of the Benchmark, excluding cash and cash equivalent. As a result, the Fund may invest in green, social, sustainability and sustainability linked bonds.
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