ETFWorld.co.uk
Image default

db x-trackers II EUR High Yield Corporate Bond UCITS ETF (DR) launched on Xetra

ETF provides access to liquid euro-denominated corporate bonds…


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


A new db x-trackers bond index ETF from Deutsche Asset Management’s product offering has been tradable via Xetra and Börse Frankfurt since Monday.

Name: db x-trackers II EUR High Yield Corporate Bond UCITS ETF (DR)
Asset class: bond index ETF
ISIN: LU1109943388
Total expense ratio: 0.35 percent
Distribution policy: accumulating
Reference index: Markit iBoxx EUR Liquid High Yield Index

The db x-trackers II EUR High Yield Corporate Bond UCITS ETF (DR) enables investors to participate in the performance of the largest and most liquid euro-denominated corporate bonds from the sub-investment grade segment. These can be issued by companies both within and outside of Europe.

The index generally only contains bonds with a term of between 2 and 10.5 years as of the rebalancing date and a rating of below Baa3/BBB- from a reputable rating agency.

They can have either a fixed or variable rate of interest. The maximum weighting per issuer is 3 percent and 20 percent per country. The index is re-balanced on a monthly basis.

Source: ETFWorld.co.uk

Articoli Simili

BNP Paribas Asset Management launches socially responsible credit ETF

Webmaster

Amundi expands SRI range with new emerging market equity ETF

Webmaster

DWS ETF redefines future investing with launch of Xtrackers thematic ETFs

Webmaster