Another three exchange-listed index funds issued by SPDR (State Street Global Advisors) have been tradable on Xetra since Tuesday.
ETF name: SPDR Barclays Capital Euro Aggregate Bond ETF
Asset class: bond index ETF
ISIN: IE00B41RYL63
Total expense ratio: 0.20 percent
Distribution policy: distributing
Benchmark: Barclays Capital Euro Aggregate Bond Index
ETF name: SPDR Barclays Capital Euro Corporate Bond ETF
Asset class: bond index ETF
ISIN: IE00B3T9LM79
Total expense ratio: 0.20 percent
Distribution policy: distributing
Benchmark: Barclays Capital Euro Corporate Bond Index
ETF name: SPDR Barclays Capital Euro Government Bond ETF
Asset class: bond index ETF
ISIN: IE00B3S5XW04
Total expense ratio: 0.15 percent
Distribution policy: distributing
Benchmark: Barclays Capital Euro Treasury Bond Index
The three new SPDR bond-index ETFs from the SPDR Barclays Capital Euro Bond Index Series are based exclusively on bonds denominated in euros.
The SPDR Barclays Capital Euro Aggregate Bond ETF enables investors to participate in the performance of the Barclays Capital Euro Aggregate Bond Index. The index invests in corporate bonds, treasury bonds and government bonds. The SPDR Barclays Capital Euro Corporate Bond ETF includes corporate bonds issued by companies in the industrial, utilities and financial sectors.
For both ETFs, the criterion for including bonds in the index is their denomination in euros and not the country in which the issuer is based. In addition, only investment-grade bonds with a fixed coupon are selected.
The SPDR Barclays Capital Euro Government Bond ETF invests in government bonds from the following euro-zone countries: Austria, Belgium, Cyprus, Finland, France, Germany, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. The bonds are weighted according to market capitalisation, so the index accurately tracks the performance of the euro-denominated government-bondmarket.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 806 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
