The db X-trackers ETFs will be based on three MTS Italy ex-Bank of Italy Indices, including the MTS Italy BTP ex-Bank of Italy Index, the MTS Italy BOT ex-Bank of Italy Index and the MTS Italy Aggregate ex-Bank of Italy Index.
Mauro Giangrande, Head of Financial Products for Italy at db X-trackers said: "These new ETFs offer investors direct, efficient and low-cost access to the Italian debt market using the MTS Italy indices, the most representative benchmarks for this market."
MTS CEO Jack Jeffery said the launch of these new instruments by one of Europe’s top ETF providers is further recognition of the benchmark status and high quality that the EuroMTS index family delivers. Deutsche Bank’s expertise in the ETF market and MTS commitment to provide the most transparent and reliable benchmark will guarantee the popularity of these new products amongst investors.
These indices are considered the best-in-class benchmark for the Italian fixed income market. They are calculated using the EuroMTS index algorithm, allowing db X-trackers customers to monitor the performance of their investment in real-time.
