DWS launches one new Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D to the London Stock Exchange
By ETFWorld.co.uk
Simon Klein, Global Head of Xtrackers Sales at DWS
Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D
Index key features
The Bloomberg Global USD 500mn Sukuk Index (GTR, USD) aims to reflect the performance of the following market:
- Global USD-denominated Sukuk markets
- Only sukuk which pass Shari’a screening criteria are included
- Investment grade and sub investment grade with at least USD 500mn par amount outstanding are eligible
- Issuer cap of 15%
| Product Name | Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D |
| ISIN | LU3123443510 |
| SEDOL | BVZKHY4 |
| Trading Currency | USD |
| Underlying | Bloomberg Global USD 500mn Sukuk Index (GTR, USD) |
| Management Fee | 0.40% |
Source: ETFWorld.co.uk
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