Deutsche Bank has unveiled the db x-trackers II Euro Inflation Swap 5 year TRI ETF on the Xetra exchange in Germany.
The fund allows investors to benefit from a rise of the inflation rate, by tracking the Deutsche Bank Euro Inflation Swap 5 year Total Return index. The index is based on the performance of the Eonia (Euro over night index average) call money rate and the development of inflation in the Eurozone. The inflation swaps are referenced by the Harmonised European Inflation index, which is the Eurozone consumer price index. At present, the XTF segment on Xetra has 460 listed index funds and has an average monthly trading volume of over €9bn.
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