Since Tuesday, four new listed bond index funds issued by ComStage have been tradable in Deutsche Börse’s XTF segment.
ETF name: ComStage ETF Commerzbank Bund-Future TR
Asset class: bond index ETF
ISIN: LU0508799334
Total expense ratio: 0.20 percent
Distribution policy: non-distributing
Benchmark: Commerzbank Bund-Future Strategie TR Index
ETF name: ComStage ETF Commerzbank Bund-Future Leveraged TR
Asset class: bond index ETF
ISIN: LU0530118024
Total expense ratio: 0.20 percent
Distribution policy: non-distributing
Benchmark: Commerzbank Bund-Future Strategie Leveraged TR Index
ETF name: ComStage ETF Commerzbank Bund-Future Short TR
Asset class: bond index ETF
ISIN: LU0530119774
Total expense ratio: 0.20 percent
Distribution policy: non-distributing
Benchmark: Commerzbank Bund-Future Strategie Short TR Index
ETF name: ComStage ETF Commerzbank Bund-Future Double Short TR
Asset class: bond index ETF
ISIN: LU0530124006
Total expense ratio: 0.20 percent
Distribution policy: non-distributing
Benchmark: Commerzbank Bund-Future Strategie Double Short TR Index
The four ComStage bond index ETFs offer investors the opportunity to invest for the first time in the Commerzbank Bund-Future Strategy Index. The Commerzbank Bund-Future Strategy Index is linked to the performance of the Euro-Bund Future. This is the most liquid futures contract in the European bond market and serves as a reference for the effective interest rate of 10-year government bonds. The index goes up when the interest rates of 10-year bonds go up, and it goes down when the interest rates of 10-year bonds go down.
Investors can choose whether they want to track this index with a single or double long position. They can also choose to track the inverse performance of the index with a single or double position.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 729 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.
