New bond ETFs from Xtrackers on Xetra: Maturity ETFs with access to euro corporate bonds with investment grade rating
New bond ETFs from Xtrackers on Xetra: Maturity ETFs with access to euro corporate bonds with investment grade rating
Since Tuesday, four new exchange-traded funds issued by Xtrackers have been tradable on Xetra and via the trading venue Börse Frankfurt.
The new product range is called Target Maturity Sept Corporate Bond and offers the opportunity to invest in a broadly diversified portfolio of corporate bonds that are liquidated at maturity. At maturity, investors receive the nominal value of the bonds on a pro rata basis and benefit from ongoing interest payments during this time.
The four new ETFs invest in fixed-income, euro-denominated investment grade corporate bonds. The weighting is limited to 3 per cent per issuer. In addition, sustainability criteria are taken into account to exclude bonds that do not meet ESG standards.
Investors can choose between maturity dates of 2027, 2029, 2031 or 2033.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers II Target Maturity Sept 2027 EUR Corporate Bond UCITS ETF | Fixed Income ETF | 0.12 per cent | distributing | Bloomberg MSCI Euro Corporate September 2027 SRI index | |
Xtrackers II Target Maturity Sept 2029 EUR Corporate Bond UCITS ETF | Fixed Income ETF | 0.12 per cent | distributing | Bloomberg MSCI Euro Corporate September 2029 SRI index | |
Xtrackers II Target Maturity Sept 2031 EUR Corporate Bond UCITS ETF | Fixed Income ETF | 0.12 per cent | distributing | Bloomberg MSCI Euro Corporate September 2031 SRI index | |
Xtrackers II Target Maturity Sept 2033 EUR Corporate Bond UCITS ETF | Fixed Income ETF | 0.12 per cent | distributing | Bloomberg MSCI Euro Corporate September 2033 SRI index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,130 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.