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Five new ComStage ETFs launched on Xetra

ETFs track long and short futures contracts on US government bonds for the first time…


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Four new exchange-listed bond index funds and one commodity index fund issued by ComStage have been tradable on Xetra and Börse Frankfurt since Thursday.

Two of the ComStage ETFs follow the strategy of tracking the total return of a long or short investment, which consists of two components: the performance of the futures contract on the effective interest rate of ten-year US government bonds plus interest on the non-tied capital at the effective federal funds rate.

On a long investment, the total return will rise if ten-year US government bond yields fall. On a short investment, in contrast, the total return will rise if ten-year US government bond yields rise.

ETF name: ComStage CBK 10Y US-Treasury Future TR UCITS ETF
Asset class: bond index ETF
ISIN: LU1275254636
Total expense ratio: 0.2%
Distribution policy: accumulating
Benchmark: Commerzbank 10Y US-Treasury Future TR Strategie

ETF name: ComStage CBK 10Y US-Treasury Future Short TR UCITS ETF
Asset class: bond index ETF
ISIN: LU1275254800
Total expense ratio: 0.2%
Distribution policy: accumulating
Benchmark: Commerzbank 10Y US-Treasury Future Short TR Strategie

Two additional ComStage ETFs follow the strategy of tracking the total return of a short investment with a leverage factor of 1 or 2. This comprises the performance of the 30-year futures contract on the effective interest rate of a minimum of 15-year and a maximum of 25-year US government bonds (30Y US Treasury Future) plus interest paid on the non-tied capital at the effective federal funds rate.

If the yields of the 15 to 25-year US government bonds rise, the strategy’s total return rises as well.

ETF name: ComStage CBK U.S. Treasury Bond Future Short TR UCITS ETF
Asset class: bond index ETF
ISIN: LU1275255286
Total expense ratio: 0.2%
Distribution policy: accumulating
Benchmark: Commerzbank U.S. Treasury Bond Future Short TR Strategie

ETF name: ComStage CBK U.S. Treasury Bond Future Double Short TR UCITS ETF
Asset class: bond index ETF
ISIN: LU1275255369
Total expense ratio: 0.2%
Distribution policy: accumulating
Benchmark: Commerzbank U.S. Treasury Bond Future Double Short TR Strategie

The ComStage CBK Commodity ex-Agriculture Monthly EUR Hedged TR UCITS ETF offers investors access to the performance of a commodities basket consisting of twelve individual commodities from the energy and precious and industrial metals sectors and is tracked via futures contracts. An additional currency component largely neutralises the impact of exchange rate movements between the US dollar and the Euro each month.

ETF name: ComStage CBK Commodity ex-Agriculture Monthly EUR Hedged TR UCITS ETF
Asset class: commodity index ETF
ISIN: LU1275255799
Total expense ratio: 0.35%
Distribution policy: accumulating
Benchmark: Commerzbank Commodity ex-Agriculture EW Index TR

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,094 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.

Source: ETFWorld.co.uk

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