Tabula Haitong Asia ex-Japan High Yield Corp USD Bond ESG UCITS ETF (USD) – GBP-Hedged Dist.

AuM:
$273'368'646
Ongoing charges:
0.65%
NAV:
9.269
Ticker:
TAGD
Benchmark ticker:
IBXXUXJT Index

Data: Net Asset Value (NAV) and Assets under Management (AuM) as of 2022-12-08

Capital is at risk. The value of your investment may go down as well as up and you may not get back the amount you invested. Investors should read the Key risks section of this page, Key Investor Information Document and Prospectus prior to investing.

ESG exposure to liquid Asia ex Japan High Yield corporate bonds

The Tabula Haitong Asia ex-Japan High Yield Corp USD Bond ESG UCITS ETF (the Fund) aims to track the iBoxx MSCI ESG USD Asia ex-Japan High Yield Capped Index (IBXXUXJT Index), less fees and expenses.

About the index

The index provides exposure to USD-denominated Asia ex-Japan High Yield corporate bonds that meet the requirements for an Article 8 EU SFDR benchmark. The index applies ESG filters to Asia ex-Japan High Yield corporate bonds with remaining time to maturity of at least 1 year and an issuer notional of at least US$400m. The index uses data provided by MSCI ESG Research to exclude issuers in violation of social norms (including the UN Global Compact), involved with controversial weapons or tobacco, causing significant environmental harm or with revenues from oil, gas, coal and energy-intensive electricity above certain thresholds. In addition, an ESG tilt and momentum factor is applied. The index has a 3% issuer cap and 50% sector cap, where excess weights are redistributed proportionately to the remaining bonds. Sector exposures are managed within 5% of the parent index.

Investment process

The ETF invests in a portfolio of corporate bonds that reflects the composition of the index as far as practicable, less fees and expenses.

Registered countries

The fund is currently registered for sale in Austria, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Portugal, Sweden, Luxembourg, Switzerland and the United Kingdom.

Fund information
Replication:Direct
Issuer: Tabula ICAV
Investment manager:Haitong International Asset Management (HK) Limited
Management company:KBA Consulting Management Limited
Administration:HSBC Continental Europe
Custody:HSBC France (HBFR) Dublin Branch
Fund inception:02 September 2021
Share class inception: 08 June 2022
Ongoing charges:0.65%
Income treatment: Distributing
Domicile: Ireland
Base currency: USD
Share class currency: GBP
Primary listing:London Stock Exchange
Listing Currency:GBP
Primary ticker:TAGD
ISIN:IE000XIITCN5
UK distributor/reporting status:Yes
ISA & SIPP eligible:Yes
Index information
Index name:iBoxx MSCI ESG USD Asia ex-Japan High Yield Capped Index
Index provider:IHS Markit
Bloomberg index ticker:IBXXUXJT Index
Regional focus:Asia
Listing information
Exchange:London Stock Exchange
Trading hours:0800 to 1630 GMT
Trading currency:GBP
Settlement:T+2
Exchange ticker:TAGD
Bloomberg ticker:TAGD LN
RIC:TAGD.L
SEDOL/VALORBPG7KW1
WKN:A3DHN5
Recent distributions
Announcement date:22 September 2022
Ex-date:29 September 2022
Record date: 30 September 2022
Payment per share:£0.1887
Distribution frequency:Quarterly

Key risks

No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested.

Liquidity risk : Lower liquidity means there are insufficient buyers or sellers to allow the Sub-Fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on liquidity.

Counterparty risk: The Sub-Fund may incur losses if any institution providing services such as safekeeping of assets or acting as a derivatives counterparty becomes insolvent.

Leverage: The Sub-Fund may use leverage, so losses may be magnified.

ESG screening: The environmental, social and governance screening criteria are embedded with the index selection process, which seeks to exclude bonds issued by companies involved in certain activities. The investment manager is not responsible for monitoring the screening process or confirming that all bonds which pass the screening process are issued by companies with adequate environmental, social or governance standards.

Credit risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Sub-Fund when due.

High yield securities risk: The prices of high yield bonds are likely to be more sensitive to adverse economic changes or individual issuer developments than higher rated securities possibly leading to high yield issuers not being able to service their principal and interest payment obligations. The secondary market for securities that are high yield may be less liquid than the markets for higher quality securities.

Emerging markets risk: Issuers from emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include a greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks.

Currency risk: Currency hedging may not completely eliminate currency risk in the Sub-Fund and may affect its performance.

Contact us for further information about Tabula ETFs.

Email  IR@tabulagroup.com
Phone  +44 20 3909 4700