ComStage, the ETF arm of Commerzbank, has released a bond index fund on the Xetra trading platform of the Deutsche Boerse.
The ComStage ETF iBoxx € Sovereigns Inflation-Linked Euro Inflation ETF provides investors with the ability to invest in the performance of government bonds.
The underlying Markit iBoxx index tracks the performance of inflation-linked government bonds with a residual maturity of at least one year, denominated in euros or a former currency of the eurozone.
The index comprises bonds issued from Greece, Italy, Germany and France, with years to maturity ranging from two to 31.
The fund, which has a management fee of 0.17%, brings the total number of exchange-listed index funds on the Deutsche Boerse's XTF segment to 555.
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