The new unit class “1D” of the db x-trackers II EONIA TRI ETF (ISIN LU0335044896) has been tradable in the XTF segment on Xetra since Friday. The new unit class is similar to the already tradable class “1C” in that it participates in the performance of the underlying EONIA Total Return Index. Rather than reinvesting its income, however, it distributes it. The EONIA Total Return Index itself represents a daily rolled deposit at the EONIA rate. This is an effective overnight rate determined by the European Central Bank, which is calculated as a weighted average of all overnight unsecured lending transactions in the interbank market. The management fee for the ETF is 0.15 percent p.a.
