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TAT VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
TAT

Government Bonds ETF
VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF

Marketing Communication
TAT

Government Bonds ETF
VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF

ISIN: NL0010273801 copy-icon
research-link-icon Why invest in a Government Bond ETF?
Why invest
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Fund Description

Cushion your portfolio against unforeseen risks. Our ETF follows 15 government bonds with investment-grade ratings and relatively short maturities, which limits their volatility still further.

  • NAV
    €19.03

    as of 29 Nov 2024
  • YTD RETURNS
    2.09%

    as of 29 Nov 2024
  • Total Net Assets
    €47.8 million

    as of 29 Nov 2024
  • Total Expense Ratio
    0.15%
  • Inception Date
    26 Nov 2012
  • SFDR Classification
    Article 6
research-link-icon Why invest in a Government Bond ETF?
Why invest
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Overview

Fund Description

Cushion your portfolio against unforeseen risks. Our ETF follows 15 government bonds with investment-grade ratings and relatively short maturities, which limits their volatility still further.

  • Targeted exposure to euro-denominated government bonds with a rating of AA or higher
  • Remaining maturities of one to five years
  • Maximum weighting of 30% per country

Main Risk Factors: credit risk, liquidity risk, interest rate risk. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

Markit iBoxx EUR Liquid Sovereign Capped AAA-AA 1-5 Index (IBXXS15T Index)

Fund Highlights

  • Targeted exposure to euro-denominated government bonds with a rating of AA or higher
  • Remaining maturities of one to five years
  • Maximum weighting of 30% per country



Underlying Index

Markit iBoxx EUR Liquid Sovereign Capped AAA-AA 1-5 Index (IBXXS15T Index)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Distributions

Documents

Index

Index Description

The Markit iBoxx EUR Liquid Sovereign Capped AAA-AA 1-5 Index is composed of 15 liquid investment grade government bonds. It only consists of AAA or AA rated bonds. All bonds are denominated in Euro. The outstanding amount is at least EUR 2 billion. The weight per country is capped at 30%. 

Underlying Index
Markit iBoxx EUR Liquid Sovereign Capped AAA-AA 1-5 Index(IBXXS15T Index)



The index has the followings specifications:

  • It is a weighted index based on free float-adjusted market capitalisation.
  • The Markit iBoxx EUR Liquid Sovereigns Capped AAA-AA 1-5 Index consists of the approximately 15 largest and most liquid euro denominated government bonds with a remaining maturity of 1.25 to 5.5 years. The index only consists of AAA or AA rated bonds with an outstanding amount of at least 2 billion euro.
  • The weight per country is capped at 30%.
  • The ETF aims, insofar as possible and practicable, to invest in bonds that form part of the index and meet the credit rating criteria (AA). If the bonds are downrated, the ETF may continue to hold such bonds until they are no longer part of the index and it is practicable to sell them.
  • The index may be reviewed quarterly on the last trading day of February, May, August and November.
  • The universe of the underlying index consists of all euro denominated bonds.

Index Provider
Markit Group Limited



Download Index Methodology

Awards

Main Risks

Main Risk Factors of Government Bonds ETF

  • Credit Risk
  • Liquidity Risks
  • Interest Rate Risk
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The issuer or guarantor of a debt security may be unable and/or unwilling to make timely interest payments and/or repay the principal on its debt or to otherwise honour its obligations. Bonds are subject to varying degrees of credit risk which may be reflected in credit ratings. There is a possibility that the credit rating of a bond may be downgraded after purchase, which may adversely affect the value of the security.

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Exists when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.

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Bond prices could rise or fall as the result of changes in the interest rates and the interest rate curve. Potential or actual downgrades in the credit rating can increase the assumed risk level.

For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com.