Deutsche releases short bond ETFs

The underlying indices replicate the daily inverse performance of the overall universe of US or UK sovereign bond markets, covering all maturity buckets. The db x-trackers UK Gilts Short Daily ETF and the US Treasuries Short Daily ETF each have a total expense ratio of 0.25%. Head of db x-trackers UK Manooj Mistry says there are many institutional investors who want to hedge their portfolio against market movements, but do not necessarily have the ability to use derivatives or go short through borrowing ETF shares. He adds: "When used correctly, the daily short bond ETFs can provid...