Sponsored Funds on Fixed-Income Underlyings
In the case of underlyings comprised of more than 50%
bonds the following rule applies:
The market maker must provide bid and ask prices for amounts of at least
EUR 100'000. The maximum spread varies depending on the
composition of the products.
0.1% for money market products
0.5% for money market products not traded in the fund
0.5% for government bonds, "supranationals"
and similar bonds with a maturity of less than 3 years
1.0% for government bonds, "supranationals" and
similar bonds with a maturity of more than 3 years, as well as for investment-grade
2.0% for emerging market bonds and non-investement-grade