New bond ETFs from Xtrackers on Xetra: access to short-term government bonds from Germany and the Eurozone
New bond ETFs from Xtrackers on Xetra: access to short-term government bonds from Germany and the Eurozone
Since Wednesday, three new exchange-traded funds issued by Xtrackers have been tradable on Xetra and via Börse Frankfurt.
The Xtrackers II Germany Government Bond 0-1 UCITS ETF enables investors to invest in the performance of euro-denominated government bonds issued by the German government. Only bonds with a minimum remaining maturity of no more than one year and current assets of at least €1 billion are taken into account.
The Xtrackers II Eurozone Government Bond 0-1 UCITS ETF provides access to a portfolio of euro-denominated government bonds with an investment grade rating issued in the eurozone. The country weighting is limited to a maximum of 35 per cent per country and a remaining term of a maximum of one year. In addition, the bonds must have at least €1 billion in current assets.
The Xtrackers II iBoxx Eurozone Government Bond Yield Plus 0-1 UCITS ETF aims to invest in euro-denominated government bonds of five eurozone countries with the highest bond yield. The currently selected countries are Belgium, Finland, France, Italy, and Spain. Only bonds with a maturity of up to one year and current assets of at least €2 billion that have an investment grade rating are considered. The weighting is limited to 20 per cent per bond.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers II Germany Government Bond 0-1 UCITS ETF | Fixed Income ETF | 0.07 per cent | accumulating | iBoxx EUR Germany 0-1 Index | |
Xtrackers II Eurozone Government Bond 0-1 UCITS ETF | Fixed Income ETF | 0.07 per cent | accumulating | iBoxx EUR Sovereigns 0-1 Capped Index | |
Xtrackers II iBoxx Eurozone Government Bond Yield Plus 0-1 UCITS ETF | Fixed Income ETF | 0.07 per cent | accumulating | iBoxx EUR Sovereigns Yield Plus 0-1 Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,082 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.