A new equity index fund issued by PIMCO Fixed Income Source – the PIMCO German Government Bond Index Source ETF – has been tradable on Xetra since Monday.
The new exchange traded fund enables investors to participate in the performance of German government bonds denominated in euros with a residual maturity of at least one year and an outstanding volume of at least EUR2 billion.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 985 exchange-listed index funds, while the average monthly trading volume stands at EUR12 billion.