db x-trackers issues another 10 ETFs

Borsa Italiana welcomes 10 new ETFs listed on the Open-end Index Funds - class 1 segment of ETFplus market issued by db x-trackers II.

7 ETFs mirrors the performance of the following government bond indices which refere to different maturity bands:
- IBOXX € SOVEREIGNS EUROZONE 1-3 TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 3-5 TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 5-7 TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 7-10 TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 10-15 TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 15+ TOTAL RETURN INDEX
- IBOXX € SOVEREIGNS EUROZONE 25+ TOTAL RETURN INDEX

2 ETF track two inflation linked bond indices:
- IBOXX GLOBAL INFLATION-LINKED TOTAL RETURN INDEX HEDGED
- IBOXX EURO INFLATION-LINKED TOTAL RETURN INDEX
The fist is composed by inflation linked bonds issued by France, Greece, Germany, Italy, UK, Sweden, USA, Canada and Japan, and it is hedge from currencies risks. The second one is made up of inflation linked bonds issued by France, Greece, Germany and Italy.

Finally 1 ETF replicates the performance of  the EONIA TOTAL RETURN INDEX that measures the total return of a rolling deposit in the overnight interbank euro market. This index is published daily using the Euro Over-Night Index Average calculated by the European Central Bank (ECB) as the weighted average of all overnight unsecured lending transactions in the euro interbank market. Transactions used in the calculation are reported by a panel of reporting banks.

Considering that all the indices tracked are Total return, the ETFs capitalise the proceeds from the bonds included in the ETFs.

The total expense ratio for the 7 government bond ETFs and for DB X-TRACKERS II EONIA TOTAL RETURN INDEX  is equal to 0,15%.
For the DB X-TRACKERS II IBOXX EURO INFLATION-LINKED TOTAL RETURN INDEX  ETF the total expense ratio is equal to 0,20% and 0,25% for DB X-TRACKERS II IBOXX GLOBAL INFLATION-LINKED TOTAL RETURN INDEX HEDGED ETF.

Please download the relevant public notice:
VISUALIZZA PDF