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35.32100 EUR
0.007
0.02%
Last update May 18, 10:09 AM CEST
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Day range
35.32100
35.32100
Previous close
35.31400
Open
35.32100
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Xtrackers II Eurozone Government Bond 0-1 UCI...
35.32
0.01
0.02%

Overview

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Description

Xtrackers II Eurozone Government Bond 0-1 UCITS ETF 1C is an exchange-traded fund that provides targeted exposure to short-term, euro-denominated government bonds issued by Eurozone countries. Launched on 12 September 2023 and domiciled in Luxembourg, it tracks the iBoxx® EUR Sovereigns 0-1 Capped index, focusing exclusively on investment-grade bonds with maturities of 0-1 year and a minimum outstanding amount of €1 billion per bond. The ETF employs a physical sampling replication method, holding 51 securities primarily from France, Germany, Spain, and Italy, with top holdings representing about 38.75% of the portfolio. Featuring a low total expense ratio of 0.07% p.a. and an accumulating distribution policy, it reinvests interest income to enhance compounded growth while maintaining high liquidity and minimal credit risk due to its sovereign issuers. As a UCITS-compliant fund managed by Xtrackers (DWS), it offers investors a low-duration, low-volatility fixed-income vehicle ideal for capital preservation, interest rate risk management, and cash equivalents in diversified portfolios, particularly amid varying monetary policies in the Eurozone. With assets under management around €15 million, it serves as an efficient tool for institutional and retail exposure to stable, short-term government debt.

About

Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+352 42101-1
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS
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