XSGL
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Fixed Income
XTRACKERS II EUROZONE GOVERNMENT BOND SHORT DAILY SWAP UCITS ETF 1C
TER (bps):
15
AUM (USD m):
12
ISIN:
LU0321463258
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Short iBoxx € Sovereigns Eurozone Total Return Index ("Short Index") reflects the daily opposite performance of the iBoxx € Sovereigns Eurozone Total Return Index ("Reference Index"), plus a rate of interest. This means that the level of the Short Index should rise when the Reference Index falls and fall when the Reference Index rises on a daily basis. The interest rate added to the Short Index level is based on the rate at which banks in the Eurozone lend to each other overnight and a market rate for certain bond sale and repurchase (repo) transactions earned on the short positions.
PERFORMANCE
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