HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF ETFC USD
HDBA
ISIN IE000L6BRPZ8 / Valor null
HSBC Global Funds ICAV - Sustainable Development Bank Bonds UCITS ETF ETFC USD
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The HSBC Sustainable Development Bk Bds ETF primarily holds high-quality bonds issued by multilateral development banks that fund sustainable economic growth in developing countries. It includes bonds with credit ratings of at least BBB- or Baa3 and ensures no single issuer makes up more than 25% of the portfolio. The ETF excludes bonds from banks involved in controversial activities based on United Nations Global Compact principles and invests up to 35% of its assets in these sustainable development bank bonds. This diversified approach aims to support environmentally and socially responsible projects worldwide.
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