"Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the Deutsche Boerse EUROGOV Germany 1-3 Index. This index reflects the development of German bonds . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (interest payments) are distributed to the investors. The fund company Deka ETF claims a total expense ratio (TER) of 0.15% per year. The yearly average divergence from the index performance (Tracking Difference) since 2010 was 0.15% per year. Therefore, the investor's costs for this ETF were exactly as specified by the TER.