ELFF
•
Fixed Income
DEKA EURO CORPORATES 0-3 LIQUID UCITS ETF
TER (bps):
15
AUM (USD m):
56
ISIN:
DE000ETFL532
Domicile:
Germany
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Solactive Euro Corporates 0-3 Year Liquid EUR TR Index is designed to replicate the performance of the Euro denominated Investment Grade Corporate Bond market. The Index includes 90 large Euro denominated Bonds with a maturity between 3 months and 3 Years. Furthermore, only plain vanilla fixed rate, senior bonds are eligible for the Index. The Index consists out of 4 distinct buckets. The first bucket consists of the 20 largest bonds which are issued by financial corporations and are rated either BBB+, BBB or BBB-. The second bucket comprises the 10 largest bonds which are issued by financial corporations and hold a rating better than BBB+. The third bucket holds the 40 largest bonds issued by non-financial corporations with a rating of BBB+, BBB or BBB-. The last bucket includes the 20 largest bonds issued by non-financial corporations which are rated above BBB+.
PERFORMANCE
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