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TCBT VanEck iBoxx EUR Corporates UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
TCBT

Corporate Bond ETF
VanEck iBoxx EUR Corporates UCITS ETF

Marketing Communication
TCBT

Corporate Bond ETF
VanEck iBoxx EUR Corporates UCITS ETF

ISIN: NL0009690247 copy-icon
WKN: A1T84M copy-icon
research-link-icon Why invest in a Coporate Bond ETF?
Why invest
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Fund Description

Access reasonable returns from bonds in a yield-starved world. Our ETF follows an index which selects the 40 largest and most liquid euro-denominated corporate bonds with at least an investment-grade rating. The ETF incorporates Environmental, Social and Governance (ESG) factors.

  • NAV
    €17.11

    as of 27 Dec 2024
  • YTD RETURNS
    3.51%

    as of 27 Dec 2024
  • Total Net Assets
    €38.8 million

    as of 27 Dec 2024
  • Total Expense Ratio
    0.15%
  • Inception Date
    14 Apr 2011
  • SFDR Classification
    Article 8
research-link-icon Why invest in a Coporate Bond ETF?
Why invest
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Overview

Fund Description

Access reasonable returns from bonds in a yield-starved world. Our ETF follows an index which selects the 40 largest and most liquid euro-denominated corporate bonds with at least an investment-grade rating. The ETF incorporates Environmental, Social and Governance (ESG) factors.

  • Diversified exposure to highly liquid euro-denominated corporate bonds with an investment-grade rating and minimum issue size of EUR 750 million
  • Direct access to corporate bonds from a variety of sectors (industrials, utilities, financial companies, etc.) and countries
  • Higher weights to issuers with higher ESG scores while reducing weights to those with lower ESG scores

Main Risk Factors: credit risk, liquidity risk, interest rate risk. Please refer to the

KID

and the Prospectus for other important information before investing.

For further details on the Fund and its index, please see the Index Transition Communication report on the Literature section of the Fund or the Description on the Index section.



Underlying Index

iBoxx SD-KPI EUR Liquid Corporates Index (IBXXELTR)

Fund Highlights

  • Diversified exposure to highly liquid euro-denominated corporate bonds with an investment-grade rating and minimum issue size of EUR 750 million
  • Direct access to corporate bonds from a variety of sectors (industrials, utilities, financial companies, etc.) and countries
  • Higher weights to issuers with higher ESG scores while reducing weights to those with lower ESG scores

Risk factors: credit risk, liquidity risk, interest rate risk. Please refer to the

KID

and the Prospectus for other important information before investing.

For further details on the Fund and its index, please see the Index Transition Communication report on the Literature section of the Fund or the Description on the Index section.



Underlying Index

iBoxx SD-KPI EUR Liquid Corporates Index (IBXXELTR)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Distributions

Documents

Important Information

 
Capital Requirements Report (CRR) Download
GroMiKV Report Download
VAG Report Download
 

Index

Index Description

The Markit iBoxx SD-KPI EUR Liquid Corporates Index is a weighted index composed of 40 liquid investment grade corporate bonds denominated in Euro. At the time of inclusion of the bonds in the index, the bonds must have an investment grade rating. The minimum issue size is EUR 750 million and a maximum of one bond per issuer is included in the index.

Index Key Points

Underlying Index
iBoxx SD-KPI EUR Liquid Corporates Index (IBXXELTR)


The index has the followings specifications:

  • The index is weighted by market capitalisation.
  • The Markit iBoxx SD-KPI EUR Liquid Corporates Index consists of the approximately 40 largest and most liquid euro denominated corporate bonds.
  • The minimum issue size is at least 750 million euro.
  • Only one bond per issuer can be part of the index
  • The index may be reviewed quarterly on the last trading day of February, May, August and November.
  • The universe of the underlying index consists of all euro denominated bonds.
  • For the weighting, two weight augmentations are applied:
    1. Market weight, ensuring that the index has a similar financial vs nonfinancial exposure to the EUR Corporates benchmark index.
    2. ESG-weight, ensuring that all issuers with higher SD-KPI scores are over weighted and issuers with lower SD-KPI scores are under weighted.


Index Provider
Markit Group Limited

Click here for more information about the index methodology

Awards

Main Risks

Main Risk Factors of a Corporate Bonds ETF

  • Credit Risk
  • Liquidity Risks
  • Interest Rate Risk
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The issuer or guarantor of a debt security may be unable and/or unwilling to make timely interest payments and/or repay the principal on its debt or to otherwise honour its obligations. Bonds are subject to varying degrees of credit risk which may be reflected in credit ratings. There is a possibility that the credit rating of a bond may be downgraded after purchase, which may adversely affect the value of the security.

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Exists when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.

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Bond prices could rise or fall as the result of changes in the interest rates and the interest rate curve. Potential or actual downgrades in the credit rating can increase the assumed risk level.

For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com.