New DWS Xtrackers ETF offers long US Treasury bond exposure

Ultra-short duration risk

DWS XTrackers has launched an ETF that seeks to provide ultra-short duration exposure to the US Treasuries market.

The Xtrackers US Treasuries Ultrashort Bond UCITS ETF, which has an annual all-in fee of 0.07%, provides US dollar short-duration exposure and has listed on the London Stock Exchange and Germany's Xetra stock exchange. DWS ETF head Mistry to exit after 14 years with firm DWS said its new ETF tracks the FTSE US Treasury Short Duration index, which references 67 fixed rate and floating rate US Treasury securities and T-Bills and has a yield-to-maturity of 0.12%. Olivier Souliac, head of passive index strategy and analytics at DWS, said: "We aim to offer our clients a full range of fi...