MEXM

Finamex Mexico S&P/BMV International UMS Sovereign Bond 5-10yr UCITS ETF MXN Hedged – Acc

First ETF providing exposure to Mexican Dollar Debt, via the UMS Fixed Income Market.

View USD share class

Case for our Mexican Sovereign Bond ETF

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Lower risk with potential attractive yield

The product gives potential access to the UMS bond market to investors without having to make a large investment in a more illiquid asset

mexico icon

Why Mexico

Mexico is well positioned macroeconomically relative to other LATAM countries, having one of the lowest debt/gdp ratios and more fiscal space in the region.

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Most liquid actively traded fund

Mexican Government debt is one of the most actively traded in the market, given Mexico’s investment grade status, open economy, and position as one of the largest emerging market economies.

Case for Mexican Sovereign Bond

lock icon

Lower risk with potential attractive yield

The product gives potential access to the UMS bond market to investors without having to make a large investment in a more illiquid asset

mexico icon

Why Mexico

Mexico is well positioned macroeconomically relative to other LATAM countries, having one of the lowest debt/gdp ratios and more fiscal space in the region.

watering money icon

Most liquid actively traded fund

Mexican Government debt is one of the most actively traded in the market, given Mexico’s investment grade status, open economy, and position as one of the largest emerging market economies.

As of 09.10.2026

Fund Objective

Finamex Mexico S&P/BMV International UMS Sovereign Bond 5-10yr UCITS ETF (MEXMX) provides exposure to the UMS Mexican Fixed Income Market, with Mexican Peso (MXN) hedging. Constituents must be Mexican government securities issued outside of Mexico in US dollars with maturities between 5 and 10 years. MEXMX tracks the S&P/BMV Sovereign International UMS 5-10 year target maturity 30% capped bond index.

Key Information

Inception Date23/06/2025
Base CurrencyMXN
Net Assets of Fund$54,193,224
TER55 bps
Replication MethodPhysical Replication
DomicileIreland
SFDR ClassificationArticle 6
ISINIE000UGM8X46

Key Risks

The value of equities and equity-related securities can be affected by daily stock and currency market movements. Emerging markets are subject to greater market volatility than developed markets. Investors; capital is fully at risk and investors may not get back the amount originally invested. For a complete overview of all the risks, please refer to the “Risk Factors” in the Prospectus.

Fund Information

TickerMEXMX
Asset ClassFixed Income
Income TreatmentAccumulating
Rebalance FrequencyQuarterly

Net Asset Values

NAV (MXN)MXN143.09
Net Assets of Fund$54,193,224
Issuer AUM$5,734,362,404

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes
Securities LendingYes

Key Service Providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerTidal Investments LLC
IssuerHANetf ICAV

Registrations

ireland Flag Ireland
mexico Flag Mexico
uk Flag United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
BMVMEXMXN MU--MX$2025-09-26
CBOEMEXMX IX-BTXM3T5MX$2025-06-25
Exchange BMV
Ticker MEXMXN MU
RIC -
SEDOL -
CCY MX$
Listing Date 2025-09-26
Exchange CBOE
Ticker MEXMX IX
RIC -
SEDOL BTXM3T5
CCY MX$
Listing Date 2025-06-25

Performance

NAV

Source: HANetf, data as of . Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in MXN. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled « Risk Factors » for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Holdings As of 09.10.2026

No. of holdings: 11

NameWeight
UNITED MEXICAN 6% 05/3617.26%
UNITED 5.375% 03/3316.85%
UNITED 5.625% 02/3412.75%
UNITED 6.35% 02/3511.93%
UNITED 5.85% 07/3211.09%
UNITED 5.625% 09/3510.35%
UNITED MEXICAN 3.5% 02/347.50%
UNITED 4.875% 05/336.49%
UNITED MEXICAN 3.5% 02/343.04%
UNITED 4.875% 05/332.69%

SectorWeight
Government100.08%

Methodology

Bonds must be Mexican government securities issued outside of Mexico in U.S. dollars, with maturities between 5 and 10 years.

Index Details

IndexS&P/BMV Sovereign International UMS 5-10 Year Target Maturity 30% Capped Bond Index
Index CurrencyUSD
Index ProviderS&P
Index TickerSPVU5CU
Par weighted Coupon5.43%
Yield to maturity6.77%
Modified Duration5.96

Fund documents

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About Partner

Casa de Bolsa Finamex is a mexican broker, leader in providing access to mexican market securities. Finamex offers financial services to individual, corporate and institutional investors in the Mexican fixed income, equity, derivatives and FX markets. www.finamex.com.mx

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