{"id":16076,"date":"2018-05-28T09:00:00","date_gmt":"2018-05-28T08:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2018\/05\/28\/ssga-launches-euro-hedged-share-class-of-spdr-thomson-reuters-global-convertible-bond-ucits-etf\/"},"modified":"2018-10-04T16:30:33","modified_gmt":"2018-10-04T15:30:33","slug":"ssga-launches-euro-hedged-share-class-of-spdr-thomson-reuters-global-convertible-bond-ucits-etf","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/ssga-launches-euro-hedged-share-class-of-spdr-thomson-reuters-global-convertible-bond-ucits-etf\/","title":{"rendered":"SSGA launches euro hedged share class of SPDR Thomson Reuters Global Convertible Bond UCITS ETF"},"content":{"rendered":"

State Street Global Advisors, announces the launch of a euro currency hedged share class of the SPDR Thomson Reuters Global Convertible Bond UCITS ETF. …<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

<\/p>\n

Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy<\/strong><\/strong><\/a><\/span><\/p>\n

Claire Perryman, Head of SPDR ETFs for the United Kingdom.<\/strong><\/p>\n

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Offering access to over 270 bonds, the SPDR Thomson Reuters Global Convertible Bond UCITS ETF is the first \u2014 and only \u2014 global convertible bond ETF.*<\/p>\n

Convertible bonds are debt securities that combine features of both debt and equity. The value of a convertible bond rises if the underlying stock price rises, giving the convertible bond the possibility of rising with equity markets. Meanwhile, the steady stream of coupons provides a degree of downside cushion (sometimes known as a \u2018bond floor\u2019) if the issuer\u2019s stock declines. Unlike holding a mix of standard bonds and equities, the advantage of the option to convert into equity means investors could benefit on both sides of the exposure, tracking equity prices higher whilst potentially protecting on the downside due to the bond component.<\/p>\n

\u201cConvertible bonds are often described as a plane with multiple engines,\u201d said Claire Perryman, Head of SPDR ETFs for the United Kingdom.<\/strong> \u201cThe engines do not all work at the same time, but the hybrid nature of the strategy allows it to successfully navigate multiple market environments. We have seen strong demand for our USD denominated share class since launch in 2014, gathering over $750m in AuM.** The launch today of the Euro currency hedged share class of the SPDR Thomson Reuters Global Convertible Bond UCITS ETF equips our clients with another tool to navigate today\u2019s more volatile market environment.\u201d<\/p>\n

SPDR ETFs account for over $650bn in global AuM across 247 ETFs, including $29.2bn across 93 European domiciled ETFs and $20.9bn in APAC across 20 ETFs.***<\/p>\n

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*SPDR Thomson Reuters Global Convertible Bond UCITS ETF is the only ETF or Open-End Fund within the Universe of \u201cConvertible Bond Fund \u2013 Global\u201d and is labelled as an Index Fund, as categorized by Morningstar. Source Morningstar Direct as of 30 April 2018.<\/p>\n

**Source: State Street Global Advisors, Thomson Reuters: correct as 30 April 2018<\/p>\n

***Source: Morningstar direct: correct as 31 March 2018<\/p>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

State Street Global Advisors, announces the launch of a euro currency hedged share class of the SPDR Thomson Reuters Global Convertible Bond UCITS ETF. …<\/p>\n","protected":false},"author":3,"featured_media":18262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[171,147],"class_list":["post-16076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-etf-spdr","tag-spdr-etfs"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=16076"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16076\/revisions"}],"predecessor-version":[{"id":18612,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/16076\/revisions\/18612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/18262"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=16076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=16076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=16076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}