New Deutsche Asset Management bond index ETF launched on Xetra

Release date: 09 Feb 2018 | Deutsche Börse Cash Market

New Deutsche Asset Management bond index ETF launched on Xetra

A new exchange traded fund (ETF) issued by Deutsche Asset Management has been tradable on Xetra and Börse Frankfurt since 9. February. The bond index ETF enables investors to participate in the performance of fixed-rate corporate bonds denominated in US dollars.

The reference index comprises high yield bonds issued by companies in the finance, utilities and industrial sectors, fulfilling specific maturity, credit, and liquidity requirements. The bonds must be rated Ba1/BB+/BB+ or lower by a leading rating agency. Not included are security tranches pursuant to rule 144A of the US Securities Act adopted by the US Securities and Exchange Commission (SEC).

 

Name: db x-trackers USD High Yield Corporate Bond UCITS ETF (DR)
Asset class: bond index ETF
ISIN: IE00BDR5HM97
Ongoing charges: 0.35 per cent
Distribution policy: distributing
Benchmark: Bloomberg Barclays US High Yield Very Liquid Index ex 144A

 

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,227 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.
 

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

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