HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF USD Acc
ETF
ISIN IE000XGNMWE1 / Valor null
NAV (2024-11-12)
USD 10.39-0.30%
HSBC Bloomberg Global Sustainable Aggregate 1-3 Year Bond UCITS ETF USD Acc
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General Objective
The Fund aims to track the returns of the Bloomberg MSCI Global Aggregate 1-3 SRI Carbon ESG-Weighted Index, focusing on investment grade, fixed-rate bonds maturing in 1 to 3 years from both developed and emerging markets issuers.
Fund Exposure
The Fund is exposed to sovereign debt issued by governments, agencies, or government-related entities, promoting environmental, social, and governance (ESG) characteristics. It excludes securities based on sustainability exclusionary criteria, including business involvement screens such as alcohol, tobacco, and fossil fuels.
Risks
Investors should be aware that this Fund may not be suitable for those planning to withdraw their investment within a 5-year period due to its specific focus on ESG characteristics and potential limitations in replicating the Index.