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 |
4.53% |
| 2 |
US46647PAL04 |
JPM 3.964 11/15/48 |
2.36% |
| 3 |
US46625HHF01 |
JPM 6.4 05/15/38 |
2.10% |
| 4 |
US38141GGM06 |
GS 6 1/4 02/01/41 |
2.10% |
| 5 |
US404280AH22 |
HSBC HOLDINGS PLC 6.500 09/15/37 |
2.01% |
| 6 |
US06051GHS12 |
BAC 4.33 03/15/50 |
1.95% |
| 7 |
US172967EW71 |
C 8 1/8 07/15/39 |
1.87% |
| 8 |
US949746RF01 |
WFC 5.606 01/15/44 |
1.83% |
| 9 |
US172967MD09 |
C 4.65 07/23/48 |
1.83% |
| 10 |
US61747YDY86 |
MS 4.3 01/27/45 |
1.72% |
Source: FTSE Fixed Income LLC Data as of 2020.01.31
