Deutsche Bank has expanded its corporate bond ETF offering with the launch of two new db x-trackers funds on Germany's Deutsche Boerse.
The listing makes db x-trackers the first provider in Europe to offer an ETF linked to the performance of corporate bonds issued by financial entities. The two euro-dominated ETFs will track individual sub-sets of the iBoxx EUR Liquid Corporate 100 index. This benchmark represents the performance of up to 100 corporate bonds, taking into account rebalancing costs. The db x-trackers II iBoxx € Liquid Corporate 100 Non-Financials Sub-Index Total Return ETF is linked to the performance of the parent index's 53 non-financial corporate bonds, while the Financials Sub-Index ETF follows the ...
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