Friday September 10 2021
News Source: Global Exchanges
Focus: Mergers and Acquisitions
On 9th September 2021, the Swiss Stock Exchange (SIX) announced that UBS has transitioned its UBS (Lux) Fund Solutions – SBI® Foreign AAA-BBB 1-5 UCITS ETF and UBS (Lux) Fund Solutions – SBI® Foreign AAA-BBB 5-10 UCITS ETF to the new SBI® ESG Foreign AAA-BBB 1-5 Total Return and SBI® ESG Foreign AAA-BBB 5-10 Total Return from SIX respectively. They are the first ETFs using these new sustainable benchmarks by SIX and reflect the high rise in demand for ESG investment opportunities.
The SBI ESG Foreign AAA-BBB index contains the CHF-bonds of foreign issuers listed at the SIX Swiss Exchange. It is a subset of the overall SBI ESG index. With this index and the fund, investors can select their exposure in the fixed income segment more granularly.
For further information on the new SBI ESG Foreign AAA-BBB Index from SIX, including its methodology and rules, please click here. To access the list of all Index-Based Products of SIX, please click here.
Click on the above link for further information.