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ETF DWS ETF

DWS ETF lists a new Bond ETF on LSE

DWS ETF Since Tuesday a new exchange traded fund from DWS is tradable on London Stock Exchange….

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By ETFWorld.co.uk


The Xtrackers II ESG EUR Corporate Bond Short Duration UCITS ETF is a UCITS compliant exchange traded fund that aims to track the Bloomberg  Barclays  MSCI  Euro Corporate  Sustainable  and  SRI  0-5  Year  Index  (index).

The  fund  is  passively  managed.

The  aim  is  for  your  investment  to reflect  the  performance  of  the  Bloomberg  Barclays  MSCI  Euro Corporate  Sustainable  and  SRI  0-5  Year  Index  (index). 

The  index aims  to  reflect  the  performance  of  certain  types  of  tradable  debt (bonds) issued by companies which are denominated in Euro, with a remaining time to maturity of at least 1 month and up to (but not including)  5  years,  excluding  those  bonds  issued  by  companies which  fail  to  meet  certain  environmental,  social  and  governance (ESG) criteria.

The composition of the index is rebalanced monthly. On  each  rebalancing  date,  specific  rules  are  applied  to  determine which bonds are eligible for inclusion, which include; minimum and maximum  time  to  maturity,  amount  outstanding,  and  a  minimum ‘investment  grade’  credit  rating  from  major  ratings  agencies. 

The index  is  administered  by  Bloomberg  Index  Services  Limited.

The index  is  calculated  on  a  total  return  basis  which  means  that  the payments from coupons are reinvested in the index.

To achieve the aim,  the  fund  will  attempt  to  replicate  the  index,  before  fees  and expenses, 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 derivatives.

The  currency  of  the  fund  is  EUR.   

Returns  and  gains are not distributed but are reinvested in the fund.

Name : Xtrackers II ESG EUR Corporate Bond Short Duration UCITS ETF

ISIN : LU2178481649

Asset Class : Bond

Share class : 1C

Ongoing charges : 0.16 per cent

Distribution policy : Accumulating

Reference index :  Bloomberg  Barclays  MSCI  Euro Corporate  Sustainable  and  SRI  0-5  Year  Index  (index)

Source: ETFWorld.co.uk

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