XYLD
•
Fixed Income
XTRACKERS USD CORPORATE BOND SHORT DURATION SRI PAB UCITS ETF 1D
TER (bps):
16
AUM (USD m):
81
ISIN:
IE00BF8J5974
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
17 Apr 2024
Climate Fund:
Yes
Benchmark
The Bloomberg MSCI USD Corporate SRI 0-5 Years PAB Index aims to reflect the performance of certain types of tradable debt (bonds) issued by companies which are denominated in US Dollars, with a remaining time to maturity of at least 1 month and up to (but not including) 5 years. The index aims to comply with the minimum standards of the EU Paris-aligned Benchmark (EU PAB) Regulation by setting an initial 50% decarbonization of absolute greenhouse gas (GHG) emissions relative to the standard Bloomberg USD Corporate 0-5 Years Index, followed by an annual 7% decarbonization trajectory of absolute GHG emissions. In addition, the index will exclude those bonds issued by companies which fail to meet certain environmental, social and governance (ESG) criteria and excludes the 144A tranche securities that do not have an equivalent Regulation-S tranche.
PERFORMANCE
