New bond ETF from Xtrackers on Xetra: access to eurozone government bonds with the highest bond yields
New bond ETF from Xtrackers on Xetra: access to eurozone government bonds with the highest bond yields
A new exchange-traded fund issued by Xtrackers has been tradable on Xetra and via Börse Frankfurt since Friday.
The Xtrackers II iBoxx Eurozone Government Bond Yield Plus 1-3 UCITS ETF gives investors the opportunity to invest in euro-denominated government bonds with an investment grade rating. The underlying index only includes government bonds with a residual maturity of at least one year and at most three years issued by the five Eurozone countries with the highest bond yield. In addition, each bond included in the index must have a minimum outstanding volume of €2 billion.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers II iBoxx Eurozone Government Bond Yield Plus 1-3 UCITS ETF | Fixed-Income ETF | 0.15 per cent | accumulating | Markit iBoxx EUR Sovereigns Eurozone Yield Plus 1-3 Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,010 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.