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