UBS Sustainable Development Bank Bonds UCITS ETF hEUR acc (MDBE.DE) XETRA

Currency In EUR

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UBS Sustainable Development Bank Bonds UCITS ETF hEUR acc

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

May 21, 2019

Key Executives

N/A
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Description

This ETF primarily allocates its assets to track the performance of the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped hedged to EUR Total Return Index. Its portfolio composition mirrors the proportional representation of the underlying securities within that index. The core aim of this investment vehicle is to mirror both the price movements and the overall returns generated by the benchmark. Investors should note that the fund's trading price on exchanges may diverge from its net asset value (NAV). This fund employs a passive management approach.

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