A new exchange-listed bond index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra® since Thursday.
ETF name: SPDR Barclays EM Inflation Linked Local Bond UCITS ETF
Asset class: bond index ETF
ISIN: IE0B7MXFZ59
Total expense ratio: 0.55 percent
Distribution policy: distributing
Benchmark: Barclays Emerging Markets Inflation Linked 20% Capped Index
The aim of the SPDR Barclays EM Inflation Linked Local Bond UCITS ETF is to track the performance of government bonds from individual emerging-market countries in local currencies with protection against inflation risk. The reference index, Barclays Emerging Markets Inflation Linked 20% Capped Index, includes inflation-protected bonds from the following countries: Brazil, Chile, Israel, Korea, Mexico, Poland, South Africa, Thailand and Turkey. The maximum weighting of a single country is limited to 20%.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,027 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €11 billion, makes Xetra Europe’s leading trading venue for ETFs.