Xtrackers II Global Government Bond UCITS ETF 5C

Xtrackers II Global Government Bond UCITS ETF 5C is an exchange-traded fund that provides investors with targeted exposure to global government bonds from developed markets. It tracks the FTSE World Government Bond - Developed Markets index (previously associated with the Citi World Government Bond Index), employing a representative sampling methodology to replicate performance. The ETF focuses on fixed-rate, local currency-denominated sovereign bonds issued by governments of developed countries, with a minimum maturity of one year and investment-grade ratings from agencies like S&P, Moody’s, and Fitch. Key holdings include prominent U.S. Treasury Notes, such as those with coupons ranging from 3.875% to 4.625%, representing about 4% of the portfolio in the top 10 positions. Domiciled in Luxembourg and launched in 2013, it features an accumulating distribution policy, currency unhedged exposure in EUR, and a low total expense ratio of 0.20% p.a. With assets under management around €353 million, this ETF plays a vital role in fixed-income portfolios by offering diversified access to high-quality government debt across the yield curve, aiding in risk management and global bond market participation.