Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Deutsche launches ‘unprecedented’ global bond ETF

Deutsche launches ‘unprecedented’ global bond ETF

Deutsche Asset & Wealth Management has launch a new exchange-traded fund (ETF) that will track global bond markets.

The db x-trackers II Barclays Global Aggregate Bond Index Ucits ETF will follow the Barclays Global Aggregate Bond index, which is comprised of over 15,000 underlying securities across 70 countries spanning investment grade government, corporate, asset-backed and mortgage-backed bonds.

Over the past year the index has returned 2.2%.

‘Providing exposure to such a vast range of fixed income securities in a single ETF with efficient tracking is an immense technical challenge, but it is a challenge that we have successfully met, allowing us to offer this unprecedented product,’ said Arne Noack, Deutsche’s head of exchange-traded product development for Europe, the Middle East and Africa.

The ETF has a total expense ratio of 0.3%, and is available in unhedged share classes or hedged to the US dollar, euro or Swiss franc.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Play CEO Tapes: 'we're just a bunch of white dudes sitting here'

CEO Tapes: 'we're just a bunch of white dudes sitting here'

In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.

Read More
Your Business: Cover Star Club

Profile: how career burnout led to a family office launch

Profile: how career burnout led to a family office launch

I was burnt-out from a career in finance and had no desire to come back, says the founder of Blu Family Office

Wealth Manager on Twitter