What does UBS Core BBG US Liquid Corp UCITS ETF hEUR acc invest in?▾
The fund aims to track, before expenses, the price and yield performance of the Bloomberg US Liquid Corporates Total Return Index (hedged to EUR).The fund invests in bonds of the underlying index, and provides exposure to investment grade, USD denominated securities issued by US corporate issuers operating in financial, industrial and utility sectors.Share class is denominated in EUR, and incorporate a currency-hedge that reduces the impact of currency fluctuations between USD and EUR.The fund is passively managed.
