A new db x-trackers bond index exchange traded fund – the db x-trackers Barclays USD Corporate Bond UCITS ETF (DR) (EUR) – is now trading on Xetra and Börse Frankfurt.
The new ETF gives investors access to the performance of fixed-income bonds denominated in US dollars. The bonds included in the reference index are issued by companies in the industrial, utilities and financial services sectors and are based in the US or elsewhere.
Criteria for acceptance into the reference index are an investment-grade rating as well as fulfilment of specific maturity and liquidity requirements. The USD-EUR exchange rate risk is hedged.