MDBC
•
Fixed Income
UBS (LUX) FUND SOLUTIONS – SUSTAINABLE DEVELOPMENT BANK BONDS UCITS ETF (HEDGED TO CHF) A-ACC
TER (bps):
18
AUM (USD m):
241
ISIN:
LU1852211561
Domicile:
Luxembourg
Share Class Currency:
CHF
ESG:
No
Geographical Focus:
Global
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped Index offers the opportunity to participate in a new field of sustainable and impact investment - development banks. It is a rules-based index, market value weighted and 25% issuer capped index engineered to mirror the performance of the USD-denominated bonds issued by entitled Multilateral Development Banks (MDB). The index covers bonds whose issuer is recognized as MDB - an international financial institution created for the purpose of sustainable economic development. The USD exposure is hedged back to CHF.
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