db x-trackers to list 5 additional ETFs on the Barclays Global Aggregate Bond

As of May 23, 2014 5 new bond ETFs have landed on the Swiss Stock Exchange ……..

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The Barclays Global Aggregate Bond Index (Reference Index) is intended to reflect the global market in investment grade fixed-rate tradeable debt (bonds) market, meaning those bonds issued by issuers considered less likely to default. The Index contains all the bonds from the following three indices: the U.S. Aggregate Index, the Pan-European Aggregate Index and the Asian-Pacific Aggregate Index (Regional Aggregate Indices). In addition, bonds eligible for inclusion in the Global Treasury Index, the Eurodollar Index, the Euro-Yen Index, the Canadian Index, and the Investment Grade 144A Index, which are not already included in the Regional Aggregate Indices, shall also be eligible for inclusion in the Reference Index. The Index uses foreign exchange transactions to reduce the effects of exchange rate fluctuations between the currencies in which the bonds underlying the Reference Index are denominated and the US dollar, in which currency the Index is denominated (currency hedging). The Reference Index is rebalanced on a monthly basis, at each month-end. On each rebalancing date, the following specific rules will be applied to the eligible bonds in order to determine those bonds which shall be included in the Reference Index: (i) amount outstanding/minimum issue size, (ii) quality, (iii) maturity, (iv) seniority/order of repayment of the debt, (v) taxability, (vi) coupon payments, (vii) eligible local currencies, (viii) market of issue and (ix) bond type. The Reference Index is calculated daily on a total return basis which means that amounts equivalent to interest payments on the bonds are reinvested in the Reference Index.

The main features of the 5 ETFs are shown in the following table:

Source: ETFWorld.co.uk