Since Tuesday, three new listed bond index funds issued by ComStage have been tradable in Deutsche Brses XTF segment.
ETF name: ComStage ETF iBoxx Germany Covered Capped 3-5 TRAsset class: bond index ETFISIN: LU0488317370Management fee: 0.17 %Distribution policy: non-distributingBenchmark: Markit iBoxx Covered Capped 3-5 TR Index
ETF name: ComStage ETF iBoxx Germany Covered Capped 5-7 TRAsset class: bond index ETFISIN: LU0488317453Management fee: 0.17 %Distribution policy: non-distributingBenchmark: Markit iBoxx Covered Capped 5-7 TR Index
ETF name: ComStage ETF iBoxx Germany Covered Capped 7-10 TRAsset class: bond index ETFISIN: LU0488317537Management fee: 0.17 %Distribution policy: non-distributingBenchmark: Markit iBoxx Covered Capped 7-10 TR Index
The three new bond index ETFs issued by ComStage are based on total return benchmarks of the Markit iBoxx Covered Capped Index family with maturities of three to five, five to seven, and seven to ten years. The indices track euro-denominated covered bonds issued in Germany. All the bonds must have an outstanding volume of at least 1 billion.
The product offering in Deutsche Brses XTF segment currently contains a total of 620 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of 13 billion, makes Xetra Europes leading trading venue for ETFs.
D.C.