Three new exchange traded funds issued by db X-trackers, a subsidiary of Deutsche Bank, have been tradable in the XTF segment on Xetra since Friday.
ETF name: db X-trackers II Global Sovereign UCITS ETFAsset class: bond index ETFISIN: LU0908508731Total expense ratio: 0.25 percentDistribution policy: non-distributingBenchmark: DB Global Investment Grade Government Unhedged Index
ETF name: db X-trackers II iBoxx Global Inflation-linked UCITS ETFAsset class: bond index ETFISIN: LU0908508814Total expense ratio: 0.25 percentDistribution policy: non-distributingBenchmark: iBoxx Global Inflation-Linked Index All EUR Unhedged Nominal
The db X-trackers II Global Sovereign UCITS ETF enables investors to participate in the performance of globally issued government bonds. The index currently comprises investment grade bonds from industrialised countries in the respective local currency. They are at this time from Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Sweden, Switzerland, Spain, the UK and the US.
The db X-trackers II iBoxx Global Inflation-linked UCITS ETF provides investors with access to the most important inflation-linked government and quasi-government bonds in the local currency of the issuing country, which must be rated investment grade.
Both indices base the weighting of bonds on the outstanding volume. They are total return indices, i.e. the coupon payments are reinvested.
ETF name: db X-trackers MSCI World Index UCITS ETFAsset class: equity index ETFISIN: LU0659579733Total expense ratio: 0.52 percentDistribution policy: non-distributingBenchmark: MSCI World monthly Euro Hedged Index
The new db X-trackers ETF on the MSCI World Index tracks the performance of stock corporations around the world. The index comprises mid and large cap companies from various industrialised nations and is hedged against exchange rate fluctuations against the euro.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,006 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €11 billion, makes Xetra Europe’s leading trading venue for ETFs.