db x-trackers Deutsche Banks ETFs lists EONIA ETF on SGX
Deutsche Bank db x-trackers has listed its flagship EONIA TR Index ETF on the Singapore Stock Exchange (SGX-ST). The EONIA ETF will be traded in USD and comes with an annual all-in fee of 0.15%.
The db x-trackers EONIA ETF, which tracks an index that reflects the Euro overnight rate, is one of Deutsche Bank’s largest ETFs with EUR 1.92bn in assets under management. The Index reflects a daily rolled deposit earning EONIA (the “Euro Over Night Index Average”), an effective overnight rate computed as a weighted average of all overnight unsecured lending transactions in the interbank market determined by the European Central Bank.
For reference, the performance of the index is 0.73%, 4% and 4.02% in years 2009, 2008 and 2007 respectively.
The EONIA ETF factsheet can be found here: