New Equity ETF from Xtrackers on Xetra: access to government bonds from emerging markets in local currency
New Equity ETF from Xtrackers on Xetra: access to government bonds from emerging markets in local currency
Since Friday, a new exchange-traded fund issued by Xtrackers is tradable on Xetra and via Börse Frankfurt.
The Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF gives investors access to fixed-income investment grade and high-yield government bonds from emerging markets issued in local currency. Securities are rebalanced monthly, with a 10 per cent cap and 0.25 per cent floor applied to a country's weighting.
The fund currently includes bonds from 16 countries in Asia, Europe, Latin America and Africa.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers II J.P. Morgan EM Local Government Bond UCITS ETF | Fixed Income ETF | 0.25 per cent | accumulating | J.P. Morgan Government Bond Index-Emerging Markets Global Div 10% Cap 0.25% Floor Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,053 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.