Union Select Index News Today

By Lewis McLellan 18 Feb 2021 WisdomeTree, an exchange traded fund provider, has launched a new ETF to track the performance of the bonds the European Union is issuing to fund its coronavirus recovery efforts. The European Union Bond ETF will track the performance of iBoxx EUR European Union Select Index, a basket of EU bonds. The index contains only bonds issued to finance the EU’s €100bn Support to mitigate Unemployment Risks in an Emergency programme. This programme should be completed ...

WisdomTree unveils Covid recovery ETF Feb 18, 2021 By Funds Europe WisdomTree has launched a bond ETF dedicated to EU coronavirus recovery efforts in what has been called a world first. The ETF will invest in bonds issued by the EU to finance initiatives designed to mitigate unemployment risks as well as repair economic and social damage caused by the coronavirus pandemic. The ETF provider highlighted that the bloc is expected to issue €850 billion of bonds focusing on the recovery through...