The PowerShares EuroMTS Cash 3 Months Fund (ISIN: IE00B3BPCH51) is based on the EuroMTS Government Bill Index. This index tracks the total return of government bonds with a maximum maturity of 6 months issued by seven countries in the euro zone: Germany, France, Spain, Italy, Belgium, The Netherlands and Portugal.The weight of each individual issuer is capped within the index to a maximum of 34.5 percent. The management fee of this new ETF is 0.15 percent.
The ETF product offering on Xetra currently comprises a total of 365 exchange-traded index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of over EUR 9 billion, makes Deutsche Börse's XTF segment Europe's leading trading venue for ETFs.
Xetra® is a registered trademark of Deutsche Börse AG.