Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF
ETF
ISIN DE000ETFL136 / Valor 10010522
NAV (2024-12-27)
EUR 95.41-0.15%
Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF
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General Objective
The Deka iBoxx € Liquid Sovereign Diversified 3-5 UCITS ETF aims to accurately track the performance of the underlying index, iBoxx € Liquid Sovereign Diversified 3-5 (Price Index), by investing in up to 25 highly liquid government bonds from various Eurozone countries with a remaining maturity of three to five years. The fund is suitable for investors with a medium-term investment horizon and typically distributes income annually.
Fund Exposure
This fund is primarily exposed to high-quality government bonds from Eurozone countries, with a focus on securities with a maturity between three to five years. The investment strategy involves full replication of the index, aiming to closely mirror its performance. The fund may deviate from the index, both positively and negatively, and is designed for investors seeking exposure to sovereign debt securities within a specific maturity range.
Risks
As with any investment fund, the Deka iBoxx € Liquid Sovereign Diversified 3-5 UCITS ETF is subject to various risks, including interest rate risk, credit risk, and market risk. Fluctuations in interest rates can impact the value of the fund's holdings, while credit risk refers to the possibility of issuers defaulting on their debt obligations. Market risk arises from changes in market conditions and can affect the overall performance of the fund. Investors should carefully consider these risks before investing in the fund.