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Germany : New State Street bond index ETF launched on Xetra.

A new exchange-listed bond index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra since Thursday.

ETF name: SPDR Barclays EM Inflation Linked Local Bond UCITS ETF

Asset class: bond index ETF


Total expense ratio: 0.55 percent

Distribution policy: distributing

Benchmark: Barclays Emerging Markets Inflation Linked 20% Capped Index

The aim of the SPDR Barclays EM Inflation Linked Local Bond UCITS ETF is to track the performance of government bonds from individual emerging-market countries in local currencies with protection against inflation risk. The reference index, Barclays Emerging Markets Inflation Linked 20% Capped Index, includes inflation-protected bonds from the following countries: Brazil, Chile, Israel, Korea, Mexico, Poland, South Africa, Thailand and Turkey. The maximum weighting of a single country is limited to 20%.

The product offering in Deutsche BE[micro]rse s XTF segment currently comprises a total of 1,027 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of 11 billion, makes Xetra Europe s leading trading venue for ETFs.

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Publication:Mena Report
Date:Apr 26, 2013
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