FXFA
•
Fixed Income
FINEX FALLEN ANGELS UCITS ETF (USD)
TER (bps):
60
AUM (USD m):
10
ISIN:
IE00BMDKNN44
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Solactive USD Fallen Angel Issuer Capped Index aims to track the performance of bonds that recently have been downgraded into the upper periphery of the high yield market (rating between BB+ and BB-). The index includes liquid bonds with a time to maturity of at least one year. Only USD denominated bonds are eligible for the index. To limit concentration in larger issuers a weight cap of 8% per issuer is implemented.
PERFORMANCE
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