A new db x-trackers bond index ETF from Deutsche Asset Management's product offering has been tradable via Xetra and Börse Frankfurt since Monday.
Name: db x-trackers II EUR High Yield Corporate Bond UCITS ETF (DR)
Asset class: bond index ETF
ISIN: LU1109943388
Total expense ratio: 0.35 percent
Distribution policy: accumulating
Reference index: Markit iBoxx EUR Liquid High Yield Index
The db x-trackers II EUR High Yield Corporate Bond UCITS ETF (DR) enables investors to participate in the performance of the largest and most liquid euro-denominated corporate bonds from the sub-investment grade segment. These can be issued by companies both within and outside of Europe. The index generally only contains bonds with a term of between 2 and 10.5 years as of the rebalancing date and a rating of below Baa3/BBB- from a reputable rating agency. They can have either a fixed or variable rate of interest. The maximum weighting per issuer is 3 percent and 20 percent per country. The index is re-balanced on a monthly basis.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,145 exchange traded funds. 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.
Media contact:
Patrick Kalbhenn
Phone: +49 (0)69 211 115 00
media-relations@deutsche-boerse.com
Deutsche Börse AG published this content on 20 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 March 2017 10:42:10 UTC.
Original documenthttp://deutsche-boerse.com/dbg-en/media-relations/press-releases/db-x-trackers-II-EUR-High-Yield-Corporate-Bond-UCITS-ETF--DR--launched-on-Xetra/2953952
Public permalinkhttp://www.publicnow.com/view/416A2F0F3BD73A6C8A2F1C528FCD3F929B0D9FB5