In March, Deutsche AWM introduced the Deutsche X-trackers Investment Grade Bond – Interest Rate Hedged ETF (NYSEArca: IGIH), the Deutsche X-trackers High Yield Corporate Bond – Interest Rate Hedged ETF(NYSEArca: HYIH) and the Deutsche X-trackers Emerging Markets Bond – Interest Rate Hedged ETF (NYSEArca: EMIH). [Deutsche Adds Three New Bond ETFs]
The Deutsche X-trackers High Yield Corporate Bond – Interest Rate Hedged ETF tracks the DBIQ High Yield Corporate Bond – Interest Rate Hedged Index, “which aims to mitigate exposure if interest rate sensitivity across the yield curve in a rising rate environment,” according to Deutsche AWM. The new ETF holds 67 issues with a yield to worst of 4.9%
The Deutsche X-trackers Investment Grade Bond – Interest Rate Hedged ETF “seeks to track the performance, before fees and expenses, of the DBIQ Investment Grade Corporate Bond – Interest Rate Hedged Index, which aims to mitigate exposure of interest rate sensitivity across the yield curve in a rising rate environment,” according to the issuer.
The Deutsche X-trackers Emerging Markets Bond – Interest Rate Hedged ETF holds dollar-denominated emerging markets debt from Brazilian, Colombian and Russian issuers, among others. The new ETF’s underlying index had a duration of just 0.01 years at the end of January, according to Deutsche AWM data.
Financial advisors who are interested in learning more about the rate-hedged fixed-income strategies can register for the Thursday, April 23 webcast here.