DWS : Since Wednesday, Xtrackers has made three new exchange-traded funds available, which can be traded on Xetra and via Börse Frankfurt.
By ETFWorld.co.uk
Michael Mohr, Head of Passive Products at DWS
New bond ETFs from Xtrackers are now available on Xetra, providing access to short-term government bonds from Germany and the broader Eurozone.
The Xtrackers II Germany Government Bond 0-1 UCITS ETF allows investors to invest in the performance of euro-denominated government bonds issued by the German government. Only bonds meeting the criteria of having a maximum remaining maturity of one year and a minimum current asset value of €1 billion are considered.
The Xtrackers II Eurozone Government Bond 0-1 UCITS ETF grants entry to a selection of investment grade euro-denominated government bonds, issued in the eurozone. Country weightings are capped at a maximum of 35% per country, with a maximum remaining term of one year. In addition, the bonds need to possess a minimum of €1 billion in current assets.
The objective of Xtrackers II iBoxx Eurozone Government Bond Yield Plus 0-1 UCITS ETF is to invest in government bonds in Euro that belong to five Eurozone countries offering the highest bond yield. The presently chosen countries include Belgium, Finland, France, Italy, and Spain. The investment is restricted to bonds with a maturity period of less than one year and possessing at least €2 billion in current assets while also having an investment grade rating. A maximum weighting of 20 per cent per bond is applicable.
Product Table
| Name | Xtrackers II Germany Government Bond 0-1 UCITS ETF |
| Asset class | Fixed Income ETF |
| ISIN | LU2641054551 |
| T.E.R. | 0.07 per cent |
| Dividends | Accumulating |
| Reference index | iBoxx EUR Germany 0-1 Index |
| Name | Xtrackers II Eurozone Government Bond 0-1 UCITS ETF |
| Asset class | Fixed Income ETF |
| ISIN | LU2641054122 |
| T.E.R. | 0.07 per cent |
| Dividends | Accumulating |
| Reference index | iBoxx EUR Sovereigns 0-1 Capped Index |
| Name | Xtrackers II iBoxx Eurozone Government Bond Yield Plus 0-1 UCITS ETF |
| Asset class | Fixed Income ETF |
| ISIN | LU2641053827 |
| T.E.R. | 0.07 per cent |
| Dividends | Accumulating |
| Reference index | iBoxx EUR Sovereigns Yield Plus 0-1 Index |
Source: ETFWorld.co.uk
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