First fixed income ETF from Global X on Xetra: access to short-term US government bonds

Release date: 08 Dec 2023 | Deutsche Börse Cash Market

First fixed income ETF from Global X on Xetra: access to short-term US government bonds

Since Friday, a new exchange-traded fund from Global X has been tradable on Xetra and via the Frankfurt Stock Exchange.

The Global X 1-3 Month T-Bill UCITS ETF allows investors to invest in a portfolio of U.S. dollar-denominated government bonds issued by the U.S. Treasury Department. The fund contains zero coupon bonds with an investment grade rating and a remaining maturity of at least one month and a maximum of three months. In addition, only bonds with an amount outstanding of at least $250 million will be considered.

In the case of zero-coupon bonds, there is no annual interest payment; instead, the full nominal value of the bond is repaid at the end of the maturity. The yield results from the difference between the purchase price and the nominal value.

Name

Asset class

ISIN

On-going charges

Distribution policy

Reference index

Global X 1-3 Month T-Bill UCITS ETF

Fixed Income ETF

IE000GSIFIB0

0.07 per cent

accumulating

Solactive 1–3 month US T-Bill Index

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,122 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.



Further information