The db x-trackers II iBoxx Sovereigns Eurozone Yield Plus 1-3 UCITS ETF provides exposure to this asset class in the eurozone’s five highest-yielding countries; Italy, Spain, Belgium, Ireland and Slovakia. The launch comes on the back of significant inflows into the db X-trackers ETF that provides exposure to the aggregate Eurozone Yield Plus index, which currently has approximately €780 million ($1.042 billion) in assets under management.

“Providing investors with exposure to areas of the fixed income market that may be more difficult to access via easy-to-trade products is a key development aim for us. Our shorter-dated Eurozone Sovereign Yield Plus ETF has already gathered over €160 million ($213.8 million) in assets under management prior to its first listing, demonstrating that we’re meeting investors’ needs in terms of new opportunities,” explained Arne Noack, head of product development for exchange traded products, EMEA.

The other new ETF listings provide individual exposure to Spanish and Italian sovereign debt, and to the Canadian dollar overnight interest rate. Also, earlier this month DeAWM launched unhedged share classes of the db x-trackers II iBoxx Global Inflation-Linked UCITS ETF, and of the db x-trackers II Global Sovereign UCITS ETF. 

All new listings have taken place on Germany’s Deutsche Börse.

As of 30 June 2013, Deutsche Asset & Wealth Management had €98.5 billion ($131.6 billion) in assets under management.