Martin Lee @ Sg

DB Markit iBoxx ABF Korea Government Bond ETF

Deutsche Bank recently launched the DB iBoxx ABF Korea Government Bond ETF on SGX.The maximum all-in annual fee is 0.2%.

The Markit iBoxx ABF Korea Government Index that is being tracked consists mainly of Korea government bonds.

ISIN: LU0480088441

The yield of the underlying index is currently around 4.5% with a duration of 3.87

While the ETF is listed in USD, the underlying assets are in Korean Won so investors’ currency risk is actually to the Korean currency.