AXA IM Expands Fixed Income Offering with New Active Global High Yield ETF
13 DEC, 2024
By Jose Luis Palmer from RankiaPro Europe
AXA Investment Managers (AXA IM) has announced the launch of the AXA IM Global High Yield Opportunities UCITS ETF, a new active fixed income exchange-traded fund (ETF) designed to provide exposure to high yield corporate bonds across developed markets. The ETF is actively managed, leveraging the expertise of AXA IM's credit research teams based in Europe and the United States.
The fund tracks the ICE® BofA® Developed Markets High Yield Index (USD Hedged) while applying a sophisticated credit selection process, credit risk monitoring, and adherence to AXA IM's ESG policies. Classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR), the ETF integrates environmental, social, and governance (ESG) considerations and excludes certain sectors.
This new active ETF aligns with our ambition to offer a broader range of products that address the three key trends to better meet investors’ needs: fixed income solutions, active management in an ETF format, as well as ESG considerations. Through this ETF, we can offer simple, transparent, and liquid access to a dynamic and flexible area of expertise for which we are renowned.
Olivier Paquier, Global Head of ETF Sales at AXA IM
A Growing ETF Business
Since establishing its ETF business line in September 2022, AXA IM has launched 14 ETFs, including seven focused on fixed income. This latest launch comes amid strong growth in the ETF segment, with AXA IM managing $3 billion in ETF assets, fueled by $600 million in net inflows this year alone.
The AXA IM Global High Yield Opportunities UCITS ETF will be available in USD and EUR on XETRA - Deutsche Boerse and Borsa Italiana, with listings on SIX Swiss Exchange to follow. The ETF, with a maximum annual Total Expense Ratio (TER) of 0.45%, will cater to both institutional and retail investors across key European markets, including Austria, Germany, Spain, and Sweden.
This launch reinforces AXA IM's commitment to providing innovative, active ETF solutions tailored to evolving investor needs in the fixed income space.
