Deutsche Bank is the latest entrant to the growing market for
European credit index-linked investment products.
Following the launch in March of JPMorgan's Jeci instrument and
Morgan Stanley's Euro Tracers, Deutsche has unveiled its own
innovation - the Xavex Dynamic Bond Portfolio Fund.
The exchange-traded fund, which has a five-and-a-half-year life
and is initially being marketed to German private investors, is the
first product of its kind to be based on the indices of the iBoxx
consortium. It will be listed on the Deutsche Börse on May 22.
Whereas the JPMorgan and Morgan Stanley products were based...
