Since Tuesday, three new listed bond index funds issued by ComStage have been tradable in Deutsche Börse’s XTF segment.
ETF name: ComStage ETF iBoxx € Germany Covered Capped 3-5 TR Asset class:
bond index ETF
ISIN: LU0488317370
Management fee: 0.17 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx € Covered Capped 3-5 TR Index
ETF name: ComStage ETF iBoxx € Germany Covered Capped 5-7 TR Asset class:
bond index ETF
Management fee: 0.17 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx € Covered Capped 5-7 TR Index
ETF name: ComStage ETF iBoxx € Germany Covered Capped 7-10 TR Asset class:
bond index ETF
ISIN: LU0488317537
Management fee: 0.17 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx € Covered Capped 7-10 TR Index
The three new bond index ETFs issued by ComStage are based on total return benchmarks of the Markit iBoxx € Covered Capped Index family with maturities of three to five, five to seven, and seven to ten years. The indices track euro-denominated covered bonds issued in Germany. All the bonds must have an outstanding volume of at least €1 billion.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 620 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.
