The three ETFs all provide medium duration exposure to investment grade corporate bonds from US issuers, but are differentiated by currency. The UBS ETF – Barclays US Liquid Corporates 1-5 Years UCITS ETF (hedged to GBP), provides investors with exchange rate protection, while the UBS ETF Barclays US Liquid Corporates 1-5 Years UCITS ETF (USD), and the UBS ETF Barclays US Liquid Corporates 1-5 Years UCITS ETF (GBP) provide the same exposure but without the protection of a currency hedge.
Andrew Walsh, head of UBS ETF Sales UK & Ireland, said: “After the success we have had with our suite of currency-hedged equity ETFs, we are very happy to be expanding further in the currency-hedged fixed income space.”
