Three new exchange traded funds issued by db X-trackers II, a subsidiary of Deutsche Bank, have been tradable in the XTF segment on Xetra since Wednesday.
ETF name: db x-trackers II MTS Ex-Bank of Italy BTP ETF
Asset class: bond index ETF
ISIN: LU0613540185
Total expense ratio: 0.20 percent
Distribution policy: non-distributing
Benchmark: MTS Italy BTP - Ex-Bank of Italy Index
ETF name: db x-trackers II MTS Ex-Bank of Italy BOT ETF
Asset class: bond index ETF
ISIN: LU0613540268
Total expense ratio: 0.15 percent
Distribution policy: non-distributing
Benchmark: MTS Italy BOT – Ex-Bank of Italy Index
ETF name: db x-trackers II MTS Ex-Bank of Italy Aggregate ETF
Asset class: bond index ETF
ISIN: LU0613540698
Total expense ratio: 0.20 percent
Distribution policy: distributing
Benchmark: MTS Italy Aggregate - Ex-Bank of Italy Index
The three new db x-trackers bond ETFs from the MTS index family enable investors for the first time to target participation in the performance of Italian government bonds denominated in euros.
The db x-trackers II MTS Ex-Bank of Italy BTP ETF offers investors access to fixed-rate bonds across all maturities. The db x-trackers II MTS Ex-Bank of Italy BOT ETF, in contrast, focuses on zero-coupon bonds with a maximum maturity of twelve months.
The db x-trackers II MTS Ex-Bank of Italy Aggregate ETF gives investors the opportunity to invest in fixed-rate and zero-coupon bonds with a maximum maturity of twelve months, and also in variable coupon bonds.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,003 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €12 billion, makes Xetra Europe’s leading trading venue for ETFs.
