Tabula unveils debut ETF

OCF of 0.50%

European fixed income ETF provider Tabula Investment Management has unveiled its first product following the launch of the firm in May.

The Tabula European Performance Credit UCITS ETF will offer investors exposure to the European corporate credit market, while aiming to remove the interest rate risk of traditional corporate bond indices. Tracking the iTraxx European Performance Credit index, the ETF is listed on the London Stock Exchange and has an ongoing charges figure (OCF) of 0.50%. The rise of fixed income ETF investing Rebalanced monthly, the index invests primarily in investment grade securities and some high yield. Michael John Lytle, CEO of Tabula and former Source founder, commented: "European corpora...