Didn’t know it existed. But check out the factsheet.
- Seeks to track the performance of the Bloomberg Barclays Global Aggregate Float Adjusted Composite Index.
- Designed to track the market capitalized weights of the global investment-grade bond market.
- Comprised of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index and the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged).
60% of this ETF is allocated in the US and the rest is hedged to USD. So it’s an ETF for somebody who wants to have a stable return in USD, I guess. I’m really not good with bonds 