Xtrackers II EUR Covered Bond Swap UCITS ETF 1C
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The Xtrackers II EUR Covered Bond Swap ETF is a passively managed fund that seeks to mirror the MARKIT IBOXX EUR LIQUID COVERED Index®. It invests in a diverse range of high-quality, Euro-denominated covered bonds issued by European Union credit institutions. These bonds have fixed interest rates, a minimum remaining maturity of three years, and are part of large debt issues of at least €1 billion. Additionally, the fund includes bonds that were issued within the last two years, ensuring a current and stable portfolio focused on investment-grade securities.