Janus Henderson HMT Global IG Credit Curve Steepener Core UCITS ETF Acc

Tabula Global IG Crdt Crv Stpnr ETF EUR is a passive fund designed to mirror the iTraxx-CDX IG Global Credit Steepener Index by investing equally in European and U.S. investment-grade credit default swap (CDS) indices. The fund holds long positions in 5-year On-the-Run CDS and short positions in 10-year On-the-Run CDS, maintaining a roughly three-to-one ratio between the short 10-year and long 5-year positions. It regularly rebalances its portfolio each month and updates its CDS positions twice a year to stay aligned with the index, focusing specifically on the credit curves of major European and North American investment-grade issuers.