Tabula IM cuts fees on high yield bond ETF

From 0.5% to 0.25%

Cristian Angeloni
clock • 1 min read
The fund has around €60m in assets with a current yield of 6.7%.

The fund has around €60m in assets with a current yield of 6.7%.

Tabula Investment Management has halved fees for its EUR High Yield Bond Paris-Aligned Climate UCITS ETF (THEP), from 0.5% to 0.25%.

The fund has around €60m in assets with a current yield of 6.7%. 

It aims to replicate the performance of the iBoxx MSCI ESG EUR High Yield Paris-Aligned Capped index, minus fees and expenses.

The index targets 50% lower greenhouse gas emissions than the broad euro high yield market, the firm explained, and reduces emissions by 7% per year.

Tabula launches Paris-aligned ultrashort bond ETF

Tabula CEO Michael John Lytle said: "Investors continue to seek robust Article 9 Paris-aligned solutions for their core portfolio positions. The unique characteristics of our EUR HY Bond Paris-Aligned Climate UCITS ETF makes it particularly attractive for investors looking for higher yields in the current interest rate environment. 

"To support further potential inflows into the ETF, we have cut its fee by half, to 0.25%, making it not only unique but very aggressively priced. THEP is part of our Paris-aligned toolkit which also includes ultrashort, full maturity investment grade and global fallen angels ETFs."

THEP is listed on Xetra, Borsa Italiana and BX Swiss.

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