Overview
Description
SPDR Bloomberg Barclays Global Aggregate Bond EUR Hedged is an exchange-traded fund (ETF) designed to provide investors with exposure to a broad range of global investment-grade bonds while mitigating foreign exchange risks relative to the euro. This ETF tracks the performance of the Bloomberg Barclays Global Aggregate Bond Index, which is a widely recognized benchmark for global fixed-income markets, encompassing government, corporate, and securitized bonds from developed and emerging markets. By employing a currency hedging strategy, it aims to minimize the impact of fluctuations in global currencies against the euro, thereby offering investors a more stable return profile. The ETF plays a crucial role in diversifying investment portfolios, providing not only a stable income stream but also capital preservation characteristics amidst volatile equity markets. It is particularly important for investors looking for broad bond market exposure without the additional risk of currency volatility. This makes it a significant component in the fixed-income section of diversified investment portfolios, particularly for euro-based investors seeking global exposure.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR