Overview
Description
SPDR Bloomberg Global Aggregate Bond UCITS ETF EUR Hedged is an exchange-traded fund designed to track the performance of the Bloomberg Global Aggregate Bond Index (EUR Hedged), providing exposure to a broad spectrum of global investment-grade fixed-rate debt securities. It includes government, government-related, and corporate bonds, as well as asset-backed, mortgage-backed, and commercial mortgage-backed securities from both developed and emerging markets issuers, fully hedged to the euro to mitigate currency fluctuations. The ETF employs a stratified sampling replication method, holding over 10,000 securities with a focus on high-quality ratings from AAA to Baa3, dominated by U.S. Treasury (54%) and mortgage-backed securities (11%). Key characteristics include a low total expense ratio of 0.10%, semi-annual distributions, an effective duration of 6.30 years, and a yield to maturity of 3.56%, making it suitable for investors seeking diversified fixed-income exposure with reduced volatility compared to equities. Domiciled in Ireland and UCITS compliant, it plays a significant role in offering euro-hedged access to worldwide bond markets for portfolio diversification and income generation.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+353 1 776 3000
Website
Instrument type
ETF
Country
United Kingdom
MIC code
BCXE