OREANDA-NEWS. A new db x-trackers ETF from the Deutsche Asset Management ETF product family has been tradable in Deutsche Börse's XTF segment via Xetra and Börse Frankfurt since Wednesday.

Name: db x-trackers iBoxx EUR Corporates Yield Plus UCITS ETF (DR)
Asset class: bond index ETF
ISIN: IE00BYPHT736
Total expense ratio: 0.25 percent
Distribution policy: distributing
Reference index: Markit iBoxx EUR Corporates Yield Plus Index

The db x-trackers iBoxx EUR Corporates Yield Plus UCITS ETF (DR) gives investors access to tradable corporate bonds issued by euro zone and non-euro zone companies with a rating of BB- to AAA. Bonds included are denominated in euros, have a minimum maturity of up to 10 years and are limited to 5 percent per issuer. The reference index, which is weighted by market value, contains the first half of the highest yielding bonds in this bond universe. The ranking in the reference index is determined by comparing the yields of every bond with the highest yielding European government bond with the same maturity.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,140 exchange traded funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe’s leading trading venue for ETFs.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.