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Xtrackers FTSE VIETNAM SWAP UCITS ETF Capitalisation 1C ( (SG:HD9) ) has provided an update.
Xtrackers announced that Moody’s has downgraded the credit rating of BNP Paribas, a swap counterparty for its Vietnam and Indonesia ETFs, from ‘Aa3’ to ‘A1’. Despite this downgrade, the credit rating remains investment grade and does not impact the operations of the sub-funds. Xtrackers will continue to monitor the situation and inform investors of any significant developments.
More about Xtrackers FTSE VIETNAM SWAP UCITS ETF Capitalisation 1C
Xtrackers is a Luxembourg-based umbrella fund company that offers exchange-traded funds (ETFs) focusing on various global markets, including Vietnam and Indonesia. The company provides investment products that utilize swap agreements to track specific indices, catering to investors seeking exposure to these emerging markets.
YTD Price Performance: -0.65%
Average Trading Volume: 457
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