Description

Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF is an exchange traded fund launched and managed by Deka Investment GmbH. The fund invests in the fixed income markets of the Euro zone. It invests in Euro denominated, fixed-rate government bonds with a maturity ranging between 1 and 10 years. The fund invests in investment grade securities that are rated as BBB- or higher from Fitch and S&P and Baa3 or higher from Moody’s. It seeks to replicate the performance of the Markit iBoxx € Liquid Sovereign Diversified 1-10 Index (Price), by investing in the securities as per their weightings in the index. The fund was formerly known as ETFlab iBoxx EUR Liquid Sovereign Diversified 1-10. Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF was formed on March 2, 2009 and is domiciled in Germany.