Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and 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
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter