TAGD
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Fixed Income
TABULA HAITONG ASIA EX-JAPAN HIGH YIELD CORP USD BOND ESG UCITS ETF (GBP HEDGED DIST)
TER (bps):
65
AUM (USD m):
7
ISIN:
IE000XIITCN5
Domicile:
Ireland
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
Asia ex Japan
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The iBoxx MSCI ESG USD Asia ex-Japan High Yield Capped Index is designed to reflect the performance of USD denominated sub-investment grade bonds issued by entities domiciled in the Asia ex-Japan region. The index is an integral part of the global iBoxx index families, which provide the marketplace with accurate and objective reference indices by which to assess the performance of bond markets and investments. The index applies ESG filters to high yield bonds with remaining time to maturity of more than 1 year and an issuer notional of at least USD 400m to screen out issuers that breach ESG standards and product involvement screens on Thermal Coal, Adult Entertainment, Alcohol, Gambling, Tobacco, Controversial Weapons, Nuclear Weapons, Conventional Weapons, Civilian Firearms, Nuclear Power, Genetically Modified Organisms and Cannabis Recreational as captured by MSCI ESG Research. Issuers in breach of the UN Global Compact or with notable controversies related to its operations and/or products with a severe social or environmental impact are also not eligible for the index. In addition, an ESG tilt and momentum factor is applied. The index has a 3% issuer cap and 50% sector cap, where excess weights are redistributed proportionately to the remaining bonds.
PERFORMANCE
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