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ETF
The fund has changed its name into Lyxor iBOXX € Sovereigns Germany Capped 1-5 UCITS ETF on the 30th November 2020. ComStage - iBOXX € Sovereigns Germany Capped 1-5 UCITS ETF is an exchange traded fund launched by Lyxor Funds Solutions S.A. It is managed by Commerzbank AG. The fund invests in the fixed income markets of Germany. It uses derivatives such as swaps to invest in Euro-denominated, fixed-rate government bonds with maturity between 1 and 5 years. The fund invests in investment grade securities that are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody’s. It seeks to replicate the performance of the Markit iBOXX € Sovereigns Germany Capped 1-5 Total Return Index, by employing synthetic replication methodology. The fund was formerly known as ComStage ETF - iBoxx Euro Sovereigns Germany Capped 1-5 TR UCITS ETF. ComStage - iBOXX € Sovereigns Germany Capped 1-5 UCITS ETF was formed on October 7, 2009 and is domiciled in Luxembourg. As of April 15, 2021, Lyxor iBOXX Euro Sovereigns Germany Capped 1-5 UCITS ETF has gone out of business.
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