DWS unveils corporate bonds fund in Spain

DWS, the asset manager of the German lender Deutsche Bank, has launched a corporate bonds fund in Spain designed to offer investors variable returns after a potential interest rates hike in 2021. DWS Fixed Maturity Multi Bonds 2026 is a fixed income fund composed by a diversified portfolio of more than 60 corporate bonds globally with a seven year maturity. The Fund aims at offering a fixed yield of 1.80% by dividend until August 2021 and then, if the ECB finally rises interest rates (as expected) it may be offering investors variable yields, taking as a reference the Euribor three mo...