Description

Deka iBoxx EUR Liquid Germany Covered Diversified UCITS ETF is an exchange traded fund launched and managed by Deka Investment GmbH. The fund invests in the fixed income markets of Germany. It invests in Euro denominated, fixed-rate jumbo mortgage bonds with a maturity of more than 1.5 years. The fund invests in the investment grade securities that are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's. It seeks to replicate the performance of the Markit iBoxx € Liquid Germany Covered Diversified (Price Index), by investing in securities as per their weightings in the index. The fund was formerly known as ETFlab iBoxx Euro Liquid Germany Covered Diversified. Deka iBoxx EUR Liquid Germany Covered Diversified UCITS ETF was formed in 2009 and is domiciled in Germany.