Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today announced that DWS, a leading European asset manager with global reach, has launched three new Xtrackers fixed income ETFs benchmarked to ICE Indices. Xtrackers is DWS's global platform for exchange-traded funds (ETFs) and exchange-traded commodities (ETCs).
“We are pleased to work with ICE indices to bring investment grade and high yield credit exposures to the Xtrackers range for the first time, an important milestone for our fixed income ETF offering,” said Michael Mohr, Global Head of Xtrackers Products at DWS. “Backed by ICE’s index expertise, these ETFs expand the toolkit available to investors and deliver innovative building blocks that support increasingly sophisticated portfolio construction needs.”
The three new ETFs track the performance of global corporate, high yield, and government bonds.
- Xtrackers Global Corporate Bond UCITS ETF (GOBC) - tracks the daily performance of the ICE BofA Global Corporate Index, a broad measure of the world’s investment grade corporate markets, including U.S. dollar, Canadian dollar, Australian dollar, Japanese yen, Swiss franc, Sterling and Euro-denominated debt.
- Xtrackers Global High Yield Corporate Bond UCITS ETF (XHW0) - tracks the daily performance of the ICE BofA Global High Yield Index, which measures U.S. dollar, Canadian dollar, Sterling and Euro-denominated below investment grade corporate debt.
- Xtrackers Eurozone Government Bond 1-10 UCITS ETF (XEZG) - tracks the daily performance of the ICE BofA 1-10 Euro Government Index, which measures Euro-denominated sovereign debt with a remaining term to final maturity less than 10 years.
"Xtrackers is one of Europe's leading ETF platforms, and we're excited to collaborate with them to bring some of our long-standing flagship indices to European investors in ETF form," said Preston Peacock, Head of ICE Data Indices. "Backed by the breadth of our global index coverage, issuers have the flexibility to deliver products precisely matched to their clients' strategies."
ICE is a leading provider of indices, with over $2 trillion total assets under management benchmarked to ICE Indices, and a deep expertise administering and publishing indices used throughout global markets. Its broad offering includes over 8,000 global equity, fixed income, commodity and foreign exchange indices to support benchmarking and performance measurement by investors, backed by a 50-year track record.
For more information about ICE indices, visit https://www.ice.com/fixed-income-data-services/index-solutions/fixed-income-indices.
