Investment Objective
Closely track the performance of Bloomberg Barclays Europe USD Banking 7-15 Year Bond Index.
Fund Characteristic
The Bloomberg Barclays Europe USD Banking 7-15 Year Bond Index is a measure of global investment grade, fixed-rate corporate debt. This USD-denominated benchmark includes bonds from banking issuers within the financial sector that have final maturity dates between 7 and 15 years.
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 |
USH3698DCW23 |
CS 4.194 04/01/31 |
4.66% |
| 2 |
USH3698DDH47 |
CS 3.091 05/14/32 |
4.59% |
| 3 |
US404280CC17 |
HSBC 3.973 05/22/30 |
4.57% |
| 4 |
US404280CT42 |
HSBC 2.804 05/24/32 |
4.18% |
| 5 |
US404280CF48 |
HSBC 4.95 03/31/30 |
4.13% |
| 6 |
US404280AG49 |
HSBC 6 1/2 05/02/36 |
3.83% |
| 7 |
XS2150091739 |
STANLN 4.644 04/01/31 |
3.20% |
| 8 |
US09659X2P63 |
BNP 2.871 04/19/32 |
3.17% |
| 9 |
US09659X2K76 |
BNP 3.052 01/13/31 |
2.87% |
| 10 |
US78009PEH01 |
RBS 5.076 01/27/30 |
2.84% |
Source: Bloomberg Index Services Limited Data as of 2021.09.30
