The move follows recent regulatory changes and will track the popular UBS fixed-income indices. The new fixed-income ETFs will be the iShares UBS Composite Bond Index Fund, iShares UBS Treasury Index Fund and iShares UBS Government Inflation Index Fund.
The Composite Bond Index Fund will track the performance of the UBS Australia Composite Bond Index, before fees and expenses, investing in investment grade securities. The Treasury Index Fund will track the performance of the UBS Treasury Index, before fees and expenses, investing in Australian Commonwealth government bonds. The Government Inflation Index Fund will track the performance of the UBS Government Inflation Index, before fees and expenses, investing in Australian Commonwealth government and state government bonds.
