Two new db x-trackers bond index funds from the exchange-traded fund section of Deutsche Asset & Wealth Management have begun trading in the XTF segment on Xetra.
The db x-trackers II Barclays Global Aggregate Bond UCITS ETF enables investors to participate in the performance of the global market for fixed-income bonds with investment-grade rating.
Bonds issued by entities whose probability of payment default has been deemed lower are awarded investment-grade ratings.
The index comprises all bonds from the following three indices: US Aggregate Index, Pan-European Aggregate Index and Asian-Pacific Aggregate Index.
Alternatively, investors can track the performance of the Barclays Global Aggregate Bond EUR Hedged Index via an investment in the currency-hedged option and thus reduce the effects of currency fluctuations between the currencies of the bonds contained in the index and the euro.