Investment Objective
Closely track the performance of FTSE world broad investment-grade USD Bank Bond 10+ years index.
Fund Characteristic
The FTSE World Broad Investment-Grade USD Bank Bond 10+ Years Index (WorldBIG® – USD, Bank, 10+ Years) measures the performance of investment-grade US Dollar-denominated debt issued by banks with a remaining maturity of at least ten years. The WorldBIG® – USD, Bank, 10+ Years is a sub-index of the FTSE World Broad Investment-Grade Bond Index.
Principal Investment Strategy
Portfolio is rebalanced once per month on the last business day of the month.
Top Ten Holdings
| No. |
Stock Code |
Stock Name |
Weighting |
| 1 |
US38141GFD16 |
GS 6 3/4 10/01/37 |
3.55% |
| 2 |
US95000U2M49 |
WFC 5.013 04/04/51 |
3.31% |
| 3 |
US06051GJA85 |
BAC 4.083 03/20/51 |
2.88% |
| 4 |
US06051GJE08 |
BAC 2.676 06/19/41 |
2.11% |
| 5 |
US46647PAL04 |
JPM 3.964 11/15/48 |
1.79% |
| 6 |
US38141GGM06 |
GS 6 1/4 02/01/41 |
1.64% |
| 7 |
US46647PCE43 |
JPM 3.328 04/22/52 |
1.63% |
| 8 |
US06051GJW06 |
BAC 3.311 04/22/42 |
1.61% |
| 9 |
US46625HHF01 |
JPM 6.4 05/15/38 |
1.61% |
| 10 |
US95000U2Q52 |
WFC 3.068 04/30/41 |
1.57% |
Source: FTSE Fixed Income LLC Data as of 2021.06.30
