XTRACKERS II GLOBAL GOVERNMENT BOND UCITS ETF (GBP) XGB4.GB

The Xtrackers II Global Government Bond UCITS ETF is a passively managed fund that aims to replicate the performance of a global sovereign bonds index. It tracks the FTSE World Government Bond Index - Developed Markets in EUR terms, which measures the total return of fixed-rate, local-currency government debt issued by developed market sovereigns with investment-grade ratings.

Eligible bonds must have at least one year to maturity and meet minimum market size and credit quality criteria. The fund invests in government bonds across multiple developed countries, spanning the full yield curve.

It uses physical replication to hold the underlying securities of the benchmark rather than synthetic or swap-based exposure. The issuer is Xtrackers, part of the DWS group, and the fund is structured as a UCITS ETF domiciled in Luxembourg.

It is an open-ended investment company with variable capital, with segregated compartments for different share classes.