OREANDA-NEWS. A new db x-trackers ETF from the Deutsche Asset & Wealth Management product family has been tradable on Xetra and Börse Frankfurt since Wednesday, 16 December.

Name: db x-trackers iBoxx Eurozone Sovereigns Quality Weighted UCITS ETF (DR)
Asset class: bond index ETF
ISIN: IE00BYTRMY76
Ongoing charges: 0.20%
Distribution policy: distributing
Reference index: Markit iBoxx EUR Eurozone Sovereigns Quality Weighted Index

The “db x-trackers iBoxx Eurozone Sovereigns Quality Weighted UCITS ETF” provides investors with access to the performance of government bonds issued by euro zone countries. The bonds in the reference index are denominated in euros, have either no rate or a fixed rate of interest and must have an investment grade rating. Government bonds from countries with favourable fundamental economic indicators are more heavily weighted than those with weaker fundamental ones. Fundamental economic indicators may, for example, be GDP, the inflation or the unemployment rate.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,116 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.

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