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Seven new exchange traded funds issued by db X-trackers II, a subsidiary of Deutsche Bank, have been tradable in the XTF segment on Xetra since Monday.
Four are credit derivative ETFs on iTraxx indices and three are bond index ETFs on government bonds.
The four db X-trackers II credit derivative ETFs give investors the opportunity for the first time to participate in the positive or inverse performance of the iTraxx Europe and iTraxx Crossover indices with a leverage factor of two.
iTraxx Europe comprises 125 European companies with an investment-grade rating.
iTraxx Crossover, on the other hand, reflects the yields of 45 European companies with a rating of Baa3/BBB minus or below.
The db X-trackers II iBoxx € Sovereigns Eurozone 1-3 Total Return Index ETF and db X-trackers II iBoxx € Sovereigns Eurozone 3-5 Total Return Index ETF give investors the opportunity to invest in the performance of euro zone government bonds with a maturity of one to three years and three to five years, respectively.
The db X-trackers II Global Sovereign Index ETF allows investors to participate in the performance of global government bonds. The underlying index, the Deutsche Bank Global Investment Grade Government Index, currently comprises government bonds from 20 industrialised nations with an investment-grade rating.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 907 exchange-listed index funds, while average monthly trading volume stands at €16 billion.
