Overview
Description
The SPDR Bloomberg 0-3 Year Euro Government Bond UCITS ETF is a type of exchange-traded fund that focuses on investing in short-term Eurozone government bonds with maturities ranging from 0 to 3 years. The primary function of this ETF is to provide investors with exposure to the Eurozone's sovereign bond markets, specifically targeting short-duration bonds which typically offer lower interest rate risk compared to longer-dated bonds. The ETF tracks the performance of the Bloomberg Euro Treasury Bond 0-3 Year Index, which includes fixed-rate, investment-grade government bonds issued by Eurozone countries. This ETF is particularly notable for investors seeking stability and preservation of capital, as its holdings generally possess high credit quality and are less volatile. It plays a significant role in fixed income portfolios by offering diversification benefits and potential yield enhancement amidst low-interest environments. Additionally, this ETF is compliant with UCITS regulations, ensuring a high standard of investor protection and transparency.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Germany
MIC code
XDUS