Service Navigation

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

Release date: 20 Mar 2017 | Deutsche Börse Cash Market

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

ETF provides access to liquid euro-denominated corporate bonds

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.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,145 exchange traded funds. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe’s leading trading venue for ETFs.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

Further information

Additional Information

Contact

Media relations

+49-(0) 69-2 11-1 15 00

+49-(0) 69-2 11-1 15 01

media-​relations@​deutsche-​boerse.com