A new db x-trackers bond index ETF from Deutsche Asset Management's product offering has been tradable via Xetra and Börse Frankfurt since Thursday.
Name: db x-trackers II iBoxx $ Treasuries UCITS ETF (DR)
Asset class: bond index ETF
ISIN: LU1399300455
Total expense ratio: 0.2%
Distribution policy: Distribution
Reference index: iBoxx $ Treasuries (Hedged in EUR) Index
The db x-trackers II iBoxx $ Treasuries UCITS ETF (DR) enables investors to participate in the performance of tradable government bonds issued by the US government with a residual maturity of at least one year. It generally only contains bonds with a minimum term of 18 months. The bonds in the reference index are denominated in US dollars and have an outstanding volume of at least US$ 1 billion. The USD to EUR currency risk is minimised.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,152 exchange traded funds. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe’s leading trading venue for ETFs.
