Deka Eurozone Rendite Plus 1-10 UCITS ETF (ELFD.DE) XETRA

Currency In EUR

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Deka Eurozone Rendite Plus 1-10 UCITS ETF

Address

Mainzer Landstraße 16

Frankfurt am Main, 60325

Germany

Phone

49-69-7147-652

Sector

Financial Services

Industry

Asset Management - Global

Employees

N/A

First IPO Date

November 02, 2015

Key Executives

N/A
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Description

The Deka Eurozone Rendite Plus 1-10 UCITS ETF is a UCITS IV-regulated investment fund specifically designed to mirror the performance of the Solactive Eurozone Rendite Plus 1-10 Bond Index, which functions as a price index. This underlying benchmark is constructed from bonds originating in the six eurozone countries that currently offer the highest five-year yields. From each of these selected nations, a maximum of five bonds are chosen. A crucial requirement for inclusion is that all bonds must hold an investment-grade credit rating during any index adjustment or rebalancing. Additionally, to ensure portfolio diversification, no single country's bonds can represent more than 20% of the overall index weighting.

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