New bond ETF from iShares on Xetra: Access to the bond market for short-term eurozone government bonds
A new exchange-traded fund from iShares has been tradable on Xetra and Börse Frankfurt since Friday.
The iShares €Govt Bond 0-3 month UCITS ETF offers investors access to the bond market for short-term eurozone government bonds. The reference index consists of euro-denominated fixed-income government bonds with an investment grade rating and a maturity term of no more than three months from the rebalancing date.
It is a distributing asset class, i.e. the interest income is paid out to investors on a regular basis.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
Reference index |
|
iShares € Govt Bond 0-3 month UCITS ETF EUR (Dist) |
Fixed Income ETF |
0.07 per cent |
distributing
|
ICE 0-3 Month Euro Government Bill Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,233 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.