Three new bond index ETFs issued by iShares have been tradable on Xetra since Tuesday.
ETF name: iShares Barclays Euro Corporate Bond ex-FinancialsAsset class: Bond index ETFISIN: DE000A0YEEX4Management fee: 0.2 percentDistribution policy: distributingBenchmark: Barclays Euro Corporate Bond ex-Financials Index
ETF name: iShares Barclays Euro Corporate Bond ex-Financials 1-5Asset class: Bond index ETFISIN: DE000A0YEEY2Management fee: 0.2 percentDistribution policy: distributingBenchmark: Barclays Euro Corporate Bond ex-Financials 1-5 Index
ETF name: iShares Barclays Euro Corporate Bond 1-5Asset class: Bond index ETFISIN: DE000A0YEEZ9Management fee: 0.2 percentDistribution policy: distributingBenchmark: Barclays Euro Corporate Bond 1-5 Index
Two of the new ETFs allow investors to participate in the performance of the Barclays Euro Corporate Bond ex-Financials indices. These indices track the performance of bonds denominated in euros and issued by companies in the industrial and utilities sectors. The bonds in the Barclays Euro Corporate Bond ex-Financials 1-5 index have maturities of between one and five years.
The third ETF allows investors to participate in the performance of the Barclays Euro Corporate Bond 1-5 index. This index tracks the performance of bonds denominated in euros and issued by companies in the industrial, utilities and financial sectors. The bonds have maturities of between one and five years.
The product offering in Deutsche Brses XTF segment currently comprises 547 exchange-listed index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around 11 billion, Xetra is the leading trading venue for ETFs in Europe.
D.C.