A new equity index fund issued by Source has been tradable on Xetra since Friday….…
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ETF name: MSCI Europe Value Source ETF
Asset class: equity index ETF
ISIN: IE00B3LK4Z20
Total expense ratio: 0.35 percent
Distribution policy: non-distributing
Benchmark: MSCI Europe Value EUR TRN Index
The MSCI Europe Value Source ETF allows investors to participate in the performance of European companies whose share price is considered to be undervalued compared to the enterprise value. These are known as “value stocks”. The following key figures are taken into account: price/book value, 12-month earnings forecast to price and price/dividend ratio.
Source: ETFWorld – Deutsche Boerse
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