New German Bond ETF - GGOV

We have a new German Bond ETF that just launched from ProShares...

• GGOV - ProShares German Sovereign/Sub-Sovereign ETF

The new German ETF tracks the Markit iBoxx EUR Germany Sovereign & Sub-Sovereign Liquid Index and according to ProShares, the goal is to track the performance of fixed rate debt securities of the Federal Republic of Germany ("Sovereign") as well as local governments and entities or agencies guaranteed by various German governments ("Sub-Sovereign") issuers.

You can get the full details on the ProShares fact sheet for GGOV. As of today, GGOV is trading around $40.43 and if you want to see similar funds...

• List of Foreign Bond ETFs
• List of German ETFs