AIPU
•
Fixed Income
AXA IM USD CREDIT PAB UCITS ETF ACC USD
TER (bps):
18
AUM (USD m):
113
ISIN:
IE000N0TTJQ9
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
07 Nov 2024
Climate Fund:
Yes
Benchmark
The AXA IM USD Credit PAB UCITS ETF is actively managed in reference to the ICE BofA US Corporate Index Paris Aligned. To achieve its investment objective, the Fund invests at least 90% of net assets in investment grade, USD 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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