FSOV
•
Fixed Income
FIRST TRUST LOW DURATION GLOBAL GOVERNMENT BOND UCITS ETF - EUR
TER (bps):
55
AUM (USD m):
10
ISIN:
IE00BKS2X317
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Global
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The actively managed First Trust Low Duration Global Government Bond UCITS ETFT has an investment objective to deliver total returns to investors over the medium to long term by investing in sovereign Fixed Income globally. The manager will seek to achieve investment objective by investing primarily in Investment Grade rated Fixed Income Securities which are listed, traded or dealt on Regulated Markets worldwide, including developed and emerging market countries (including Russia) and which are issued by governments, local authorities, Supranational Organisations and public sector bodies and will seek to minimize the effect of the underlying currency exposure of those securities by utilizing currency hedging transactions. The Fund may also use interest rate financial derivative instruments in order to manage and hedge its interest rate exposure. The financial derivative instruments used may be forward foreign exchange contracts, currency futures, interest rate futures and interest rate swaps.
PERFORMANCE
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