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Deutsche launches fixed-income ETF series

Deutsche launches first ETF to track shorter-dated sovereign debt of the five highest-yielding countries in the eurozone

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Deutsche Asset & Wealth Management has launched several fixed-income exchange-traded funds (ETFs), including the db x-trackers II iBoxx Sovereigns Eurozone Yield Plus 1-3 Ucits ETF, which is the first ETF to provide exposure to the shorter-dated sovereign debt of the five highest-yielding countries in the eurozone. Weightings are based on the total market value of each country's debt. Countries currently included are Italy, Spain, Belgium, Ireland and Slovakia.

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