Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C

The ISIN of Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C is LU0321463506. It trades in EUR. The ISIN identifies the fund itself, so every exchange listing of this share class shares it.

Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C (XBCT) charges a total expense ratio of 0.15% a year, about $15 a year on a $10,000 holding. The TER is deducted continuously from fund assets rather than billed to you, so it shows up as a drag on returns and never as a separate charge.

No — Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C (XBCT) is an accumulating share class, so dividends received from its holdings are reinvested inside the fund instead of being paid out. You realise that income as capital growth when you sell, which in many jurisdictions defers the tax event rather than triggering one each distribution.

Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C (XBCT) is domiciled in Luxembourg (LU). A Luxembourg-domiciled UCITS fund receives US dividends at a 15% treaty withholding rate inside the fund, versus the 30% statutory rate on dividends paid directly to a non-resident (generally 25% for an Indian resident under the India-US treaty with a valid W-8BEN). The fund-level 15% is deducted before NAV and is not reclaimable by you. Its shares also sit outside US estate tax, which applies to US-situs assets above $60,000 for non-resident aliens.