The product provides exposure to over 15,000 underlying securities and enables exposure to the global investment grade fixed income market, tracking the market for government, governmental, supranational, corporate, asset-backed and mortgage-backed securities across the full spectrum of maturities.
The db x-trackers II Barclays Global Aggregate Bond Index UCITS ETF will be available in unhedged, dollar-hedged, euro-hedged and Swiss franc-hedged share classes.
“Providing exposure to such a vast range of fixed income securities in a single ETF with efficient tracking is an immense technical challenge,” EMEA Arne Noack, head of exchange-traded product development in the EMEA, said.
The Barclays Global Aggregate Bond Index provides exposure to bonds from around 70 countries with an average credit rating of AA.
The product incurs an annual all-in fee of 0.3%.
