Frankfurt, 22-4-2014 — /EuropaWire/ — A new db x-trackers bond index fund from the ETF section of Deutsche Asset & Wealth Management has been tradable in the XTF segment on Xetra since Thursday.
ETF name: db x-trackers II Markit iBoxx ABF Indonesia Government UCITS ETF
Asset class: bond index ETF
Total expense ratio: 0.40 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx ABF Indonesia Government TR Index
The db x-trackers II Markit iBoxx ABF Indonesia Government UCITS ETF enables investors to participate for the first time in the performance of debt instruments issued by the Indonesian government. These are government bonds denominated in Indonesian rupiahs (IDR) with a minimum residual term of one year and a minimum amount of IDR 2,000 billion (equivalent to about € 120 million). Because the underlying index is a total return index, all interest income is reinvested after deduction of withholding tax.
Deutsche Börse’s XTF segment product range currently comprises a total of 1,018 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.
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