ETF first to track MSCI Europe ex Financials Index
A new exchange-traded equity index fund issued by Amundi has been tradable in Deutsche Börse’s XTF segment since Tuesday.….
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ETF name: Amundi ETF MSCI Europe ex Financials
Asset class: equity index ETF
ISIN: FR0011340413
Total expense ratio: 0.30 percent
Distribution policy: distributing
Benchmark: MSCI Europe ex Financials Index
The Amundi ETF MSCI Europe ex Financials enables investors to participate in the performance of the MSCI Europe ex Financials Index. The index excludes financial sector companies. It covers large and medium-sized enterprises from 16 industrialised countries in Europe, which are weighted according to free-float market capitalisation.
The product offering in Xetra’s XTF segment currently comprises 1,025 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €11 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.
Source: ETFWorld.co.uk
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