ETFs provide access to indices on global government bonds and MSCI World with currency hedging..
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 ETF
Asset class: bond index ETF
ISIN: LU0908508731
Total expense ratio: 0.25 percent
Distribution policy: non-distributing
Benchmark: DB Global Investment Grade Government Unhedged Index
ETF name: db X-trackers II iBoxx Global Inflation-linked UCITS ETF
Asset class: bond index ETF
ISIN: LU0908508814
Total expense ratio: 0.25 percent
Distribution policy: non-distributing
Benchmark: 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 ETF
Asset class: equity index ETF
ISIN: LU0659579733
Total expense ratio: 0.52 percent
Distribution policy: non-distributing
Benchmark: 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.
Source: ETFWorld – Xetra/FWB
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