iShares and Goldman Sachs list ETFs on Xetra

The iShares Markit iBoxx Euro High Yield ETF is the first of its kind tradable on Xetra to invest in high-yield corporate bonds. The fund, which has attracted over €233m in net assets since launch on the London Stock Exchange in February, offers exposure to the largest and most liquid euro-denominated corporate bonds with sub-investment grade rating. Only bonds with a minimum amount outstanding of €250m are included, and the weight of each issuer in the index is capped at 5% in order to maintain diversification. The Goldman Sachs ETF Portfolio tracks the performance of the Goldman ...