Deutsche Bank has launched two exchange-traded funds that give investors a choice between exposure to two distinct parts of the eurozone sovereign-debt market: high-risk high-yield bonds and low-risk low-yield bonds. The Db X-trackers II iBoxx Euro Sovereigns Eurozone AAA total-return index ETF invests in AAA-rated countries Austria, Finland, France, Germany, Luxembourg and the Netherlands. The Db X-trackers II iBoxx Euro Sovereigns Eurozone yield-plus index ETF buys high-yield bonds issued by Belgium, Ireland, Italy, Spain and Portugal. The ETFs have a 0.15% annual fee and trade on Germany's Frankfurt Stock Exchange.
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