1. Presentation : This ETF aims to track the performance of an index composed of global Investment Grade bonds. It provides broad exposure to high-quality sovereign and corporate securities denominated in multiple currencies and distributes coupons to its holders.
2. Benefits : Designed as a core bond allocation product, it delivers diversification across issuers, sectors and geographic regions. Its index-based structure targets passive and transparent exposure to Investment Grade debt markets, with relatively low ongoing costs for an ETF of its kind. The distribution policy is appropriate for investors seeking a regular income stream.
3. Risks : Despite the Investment Grade quality of the securities, the ETF remains exposed to interest rate risk (sensitivity to interest rate movements), credit risk if issuers deteriorate, and currency risk in the absence of hedging. Volatility is generally lower than equities but can increase during periods of market stress.
4. Investor profile : Suitable for investors seeking a diversified, low-cost bond allocation for the conservative portion of a portfolio, looking for regular income and accepting risks related to rates, credit and currencies.
Total Annual Returns, Including Dividends
The drawdown measures the decline in price from its historical high. It helps assess the fund's downside risk. The calculation includes dividends.
| Volatility | Max drawdown | Sharpe ratio | |
|---|---|---|---|
| 1 year | |||
| 3 years | |||
| 10 years | |||
| Max |