OREANDA-NEWS. The db x-trackers II Harvest CSI China Sovereign Bond UCITS ETF (DR) gives investors first-time access to the performance of Chinese government bonds via a physically replicated ETF. The ETF was issued by Deutsche Asset & Wealth Management together with Harvest Global Investments and has been tradable on Xetra and Börse Frankfurt since Tuesday.

Name: db x-trackers II Harvest CSI China Sovereign Bond UCITS ETF (DR)
Asset class: bond ETF
ISIN: LU1094612022
Ongoing charges: 0.55%
Distribution policy: distributing
Reference index: CSI Gilt-Edged Medium Term Treasury Note Index

The new ETF tracks the CSI Gilt-Edged Medium Term Treasury Note Index. This comprises 35 bonds denominated in Renminbi, issued by the government of the People’s Republic of China and tradable on the Shanghai Stock Exchange, the Shenzhen Stock Exchange and China's interbank bond market. Harvest Global Investments has the required RQFII (Renminbi qualified foreign institutional investor) authorisation, which means the ETF can invest directly in the corresponding bonds.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,083 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.

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