SPDR Barclays Euro Corporate Bond UCITS ETF is an open ended, UCITS compliant exchange traded fund, domiciled in Ireland. The Fund's objective is to track the performance of the fixed-rate, investment-grade Euro-denominated corporate bond market as represented by the Bloomberg Barclays Euro Corporate Index. The Fund invests in physical securities included in the index.
The Barclays Euro Corporate Bond Index contains fixed-rate, investment-grade Euro-denominated bonds from industrial, utility and financial issuers only. Inclusion is based on the currency of the issue, and not the domicile of the issuer.