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Xtrackers launches high-yield corporate bonds ETF

The Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF has been launched by Deutsche Asset Management and is tradable on Xetra and Börse Frankfurt.

The bond index ETF is designed to enable investors to participate in the performance of high-yield corporate bonds denominated in US dollars. The reference index comprises bonds issued by companies rated by one of the leading rating agencies as BB- to AAA. A maximum weighting of 2 per cent applies to each issuer.
Ongoing charges  are 0.25 per cent per annum and the distribution policy is distributing.

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