New db x-trackers bond index ETF launched on Xetra
OREANDA-NEWS. A new db x-trackers bond index ETF from Deutsche Asset & Wealth Management has been tradable via Xetra and Börse Frankfurt since Wednesday, 27 January.
Name: db x-trackers II iBoxx $ Treasuries UCITS ETF
Asset class: bond index ETF
ISIN: LU0429459356
Total expense ratio: 0.15%
Distribution policy: distributing
Reference index: iBoxx $ Treasuries Total Return Index
The “db x-trackers II iBoxx $ Treasuries UCITS ETF” gives investors access to the performance of US government bonds. The bonds in the reference index are denominated in US dollars and must have an outstanding volume of at least US$ 1 billion. Additional requirements for acceptance into the reference index are a minimum maturity of 18 months and a residual maturity of one year as of the reweighting date. The government bonds are weighted by outstanding volume.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,124 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.
Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
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