Commerzbank has unveiled 11 ComStage bond index ETFs on the Xetra platform.
The range offers eight funds tracking the iBoxx Euro Liquid Sovereigns Diversified index series, which comprise government bonds with maturities of one-three years, three-five years, five-seven years, seven-10 years, 10-15 years, over 15 years and over 25 years.
Also within the range is an ETF tracking the iBoxx Euro Liquid Sovereigns Diversified Overall Total Return index, consisting of the most liquid government bonds issued by Euro-zone governments.
The three other ETFs are based on the iBoxx Euro Sovereigns Germany Capped Total Return indices. These track government bonds denominated in euros, issued by the Federal Republic of Germany. The bond maturities range from one-five years, five-10 years and over 10 years.
Each product has a management fee of 0.15%. Xetra's XTF segment has 518 exchange-traded index funds and an average monthly trading volume of around €12bn.
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