Overview
Description
The Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF is an exchange-traded fund focused on providing exposure to the euro-denominated investment grade corporate bond market. The fund tracks the iBoxx EUR Liquid Corporates Diversified Index, which comprises a broad range of corporate bonds issued by companies across various sectors and European countries, ensuring a high level of diversification within the portfolio. Notable features of this ETF include its physical replication strategy, distributing nature with quarterly payouts, and a low total expense ratio of 0.20% per annum. With assets under management exceeding 300 million euros, it plays a significant role in the European fixed income landscape by offering investors an efficient vehicle to access a liquid and diverse sample of the corporate bond universe. Launched in 2010 and domiciled in Germany, the ETF is structured as a UCITS-compliant contractual fund, managed by Deka Investment GmbH and administered by BNP Paribas Securities Services. Its significance lies in allowing both institutional and individual investors broad, cost-effective access to the euro corporate bond market while benefiting from regular income distributions and transparency associated with exchange trading.
About
Address
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Phone
+49 69 7147652
Website
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Instrument type
ETF
Country
Austria
MIC code
XWBO