New ETF tracks S&P 500 Index with currency hedging for first time.…
Sign up for our weekly Newsletter and receive the latest ETF and ETC news.
Click here to register for your free copy
An additional db x-trackers index fund from Deutsche Bank’s ETF offering has been tradable on Xetra since Thursday.
ETF name: db x-trackers S&P 500 (EUR) ETF
Asset class: equity index ETF
ISIN: LU0490619193
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: S&P 500 Total Return Net-Index
Currency hedging: yes
The db x-trackers S&P 500 (EUR) ETF enables investors, for the first time, to invest in the performance of the S&P 500 Total Return Net Index while being hedged against exchange rate fluctuations between the euro and the US dollar. The S&P 500 Total Return Net Index is weighted according to free float market capitalisation and tracks the performance of the 500 largest US stock corporations. The index calculation takes all dividends and distributions into account after any tax deductions.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 764 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around 13 billion euros, makes Xetra Europe’s leading trading venue for ETFs.
Source: ETFWorld – Deutsche Börse
Subscribe to Our Newsletter
