Overview
Description
The Eldridge AAA CLO UCITS ETF is an exchange-traded fund focused on providing investors exposure to a diversified portfolio of collateralized loan obligations (CLOs). As a AAA-rated fund, it invests in the highest-rated tranches of CLOs, prioritizing safety and credit quality. This ETF aims to generate stable income while maintaining relatively low-risk attributes compared to lower-rated credit investments. It caters mainly to institutional investors and individuals seeking fixed income alternatives in the credit market.
The fund primarily impacts sectors like banking, asset management, and investment funds, as it pools capital into structured financial products backed by diversified pools of loans. It operates under the UCITS framework, ensuring high standards of investor protection and diversification across its holdings within European regulatory constraints. The Eldridge AAA CLO UCITS ETF plays a significant role in providing liquidity and risk-sharing mechanisms in the credit market, allowing for more efficient capital allocation while fostering safer investment diversification.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR