BIt welcomed 3 new ETFs targeted EasyETF

Starting from 10th October Borsa Italiana welcomed the first 3 ETFs  based on iBoxx indices: iBoxx Liquid Sovereigns Extra Short composed by 10 government bonds denominated in Euro with a maturity comprised between 1.25 and 3 years; iBoxx Liquid Sovereigns Long composed by the same kind of securities with a maturity over 10,5 years; iBoxx Liquid Sovereigns Global composed by 30 government bonds in euro with a maturity comprised between 1.25 and 30 years .

The ETFs are targeted EasyETF, the brand name of an ETF joint-venture between AXA IM and BNP Paribas Asset Management. The financial services providers have joint forces to offer exchange-traded index funds.

Main characteristics of  the 3 ETFs:

Easy ETF iBoxx Liquid Sovereigns Extra Short
Total Expense Ratio (TER): 0.15%
Benchmark Index: iBoxx Liquid Sovereigns Extra Short
ISIN Code: FR0010276923
Trading Code: ISS
Multiple:  1 time the index
Currency: Euro
Specialist: Banca IMI S.p.A.

Easy ETF iBoxx Liquid Sovereigns Global
Total Expense Ratio (TER): 0.15%
Benchmark Index: iBoxx Liquid Sovereigns Global
ISIN Code: FR0010276949
Trading Code: ISM
Multiple:  1 time the index
Currency: Euro
Specialist: Banca IMI S.p.A.

Easy ETF iBoxx Liquid Sovereigns Long
Total Expense Ratio (TER): 0.15%
Benchmark Index: iBoxx Liquid Sovereigns Global
ISIN Code: FR0010276964
Trading Code: ISL
Multiple:  1 time the index
Currency: Euro
Specialist: Banca IMI S.p.A.