DWS lists a new Xtrackers ETF to the LSE

DWS Xtrackers has listed a new Exchange Traded Fund (ETF) to the LSE (London Stock Exchange)

Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy

By ETFWorld.co.uk

Simon Klein, Global Head of Passive Sales at DWS.

Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF

The fund is passively managed. The aim is for your investment to reflect the performance of the Markit iBoxx TIPS Inflation-Linked Index. The index aims to reflect the performance of inflation-linked tradable debt (bonds) issued by the U.S. government. To be included in the index, the bonds must be: (i) issued by the U.S. government; and (ii) deemed investment grade by major rating agencies. Certain other selection criteria may also be considered such as minimum issue size, time to maturity and bond type. The index is calculated on a total return basis, which means that amounts equivalent to interest payments are reinvested in the index. The index is administered by IHS Markit Benchmark Administration Limited and reviewed and rebalanced monthly. To achieve the aim, the fund will attempt to replicate the index by buying a portfolio of securities that may comprise the constituents of the index or other unrelated investments as determined by DWS entities. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of financial contracts (derivatives). The fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the fund. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund.

Source: ETFWorld.co.uk