Overview
Description
The SPDR Barclays Global Aggregate Bond EUR Hedged ETF is an exchange-traded fund that seeks to track the performance of the Bloomberg Global Aggregate Bond Index, while hedging against currency fluctuations relative to the euro. This ETF primarily serves as a tool for investors looking to gain diversified exposure to a broad range of global bonds, including those issued by governments, corporations, and supranational organizations.
By deploying a currency hedging strategy, the fund effectively minimizes the impact of foreign exchange rate movements on euro-denominated returns, making it an appealing choice for euro-based investors seeking stability in their fixed-income investments. It encompasses a wide array of sectors across both developed and emerging markets, allowing participants to gain comprehensive access to global bond markets.
The SPDR Barclays Global Aggregate Bond EUR Hedged ETF plays a significant role in the financial markets by providing investors with opportunities for diversification, income generation, and risk mitigation through its broad exposure and currency risk management features. Its focus on fixed income assets offers a counterbalance to equity market volatility, making it a strategic component in a balanced investment portfolio.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL