Xtrackers II EUR High Yield Corporate Bond 1-3 Swap UCITS ETF 1D
ETF
ISIN LU1109939865 / Valor 26461007
NAV (2024-10-31)
EUR 8.53-0.02%
Xtrackers II EUR High Yield Corporate Bond 1-3 Swap UCITS ETF 1D
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General Objective
The fund aims to passively reflect the performance of the Markit iBoxx EUR Liquid High Yield 1-3 Index, which consists of sub-investment grade corporate bonds denominated in Euro issued by companies within and outside of the Eurozone.
Fund Exposure
To achieve its objective, the fund invests in transferable securities and derivatives related to the index. The index is composed of corporate bonds with a minimum remaining time to maturity of one to three years, rated below Baa3/BBB- by major rating agencies.
Risks
The fund is classified in category 4, indicating moderate risk due to share price fluctuations and the potential for both gains and losses. Risks include exposure to non-investment grade bonds, credit risk, interest rate risk, and the possibility of losses due to derivative counterparties failing to make payments.