X-trackers extends bond ETF range

Deutsche Asset Management has launched a high yield bond ETF, with two listings on European stock markets in the past week.

The db x-trackers USD High Yield Corporate Bond Ucits ETF was listed on the London Stock Exchange on Wednesday (14th) and the Deutsche Börse last Friday.

It tracks an index from the Bloomberg Barclays High Yield Very Liquid Bond Index family, and the index consists of about 640 sub-investment grade bonds to produce a yield of about 6%.

The ETF has an all-in fee of 0.35% per annum and uses direct, physical replication to track its index.

Blanca Koenig, fixed income ETF strategist at the firm, said investors were continuing to look for higher-yielding bond exposures as well as monitoring interest rate sensitivity.

©2018 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST