"Xtrackers II Global Inflation-Linked Bond UCITS ETF 1C EUR Hedged" is an exchange-traded, Euro hedged investment fund (ETF). It refers to the Bloomberg Barclays World Government Inflation-Linked Bond Index. This index reflects the development of world wide inflation-protected government bonds . The ETF replicates its index using physical replication with sampling, so it contains the most important securities of its reference index. The ETF's earnings (interest payments) are automatically reinvested (accumulated). The fund company Xtrackers claims a total expense ratio (TER) of 0.25% per year. The yearly average divergence from the index performance (Tracking Difference) since 2008 was 0.46% per year. Therefore, the ETF was more expensive than the TER suggests. Besides, the yearly tracking differences had strong variations, so their average value is not a very reliable measure.