Two new db x-trackers index funds from Deutsche Bank’s ETF offering have been tradable on Xetra since Thursday. The underlying indices for the new db x-trackers ETFs are db Stiftungs-ETF Stabilität and db Stiftungs-ETF Wachstum.
For the first time, investors are able to participate in the performance of a balanced and diversified portfolio of ETFs based on equities, fixed-income securities, goods and alternative investments. Both the stability and the growth strategy aim to generate capital growth and limit volatility by exploiting the correlations between the asset classes they contain.
The weighting of the individual asset classes is determined on a quarterly basis. The minimum weighting of fixed-income securities in the db Stiftungs-ETF Stabilität Index is currently 75 per cent. In the db Stiftungs-ETF Wachstum Index it is 65 per cent.
The proportion of equities is limited to 20 per cent in the db Stiftungs-ETF Stabilität Index and 30 per cent in the db Stiftungs-ETF Wachstum Index, with a minimum of 5 per cent. Goods and alternative investments may have a weighting of 10 per cent or 5 per cent in the respective indices.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 803 exchange-listed ETFs, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around EUR13 billion, makes Xetra Europe’s leading trading venue for ETFs.