UBS Asset Management has launched the UBS Sustainable Development Bank Bonds 5-10 Index UCITS ETF (MDB5), focusing on high-quality, medium-term debt from development banks like the World Bank and Asian Development Bank. This fund complements the existing $1.8 billion MDBU ETF, targeting bonds aligned with the UN’s 2030 Agenda for Sustainable Development. Both ETFs offer investors access to a niche fixed income market while supporting impactful global initiatives, featuring an expense ratio of 0.15% and strict eligibility criteria for included bonds.
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