An additional equity index fund issued by Source has been tradable on Xetra since Thursday….…
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ETF Name: EURO STOXX Optimised Banks Source ETF
Asset class: equity index ETF
ISIN: IE00B3Q19T94
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: EURO STOXX Optimised Banks EUR Net Return Index
The EURO STOXX Optimised Banks Source ETF enables investors to participate for the first time in the performance of the EURO STOXX Optimised Banks EUR Net Return Index. This index is a subset of the EURO STOXX Index, and follows the same methodology as the STOXX Optimised Index family. These indices take into account factors such as trading liquidity and securities lending, in their equity selection and weighting.
The product offering in Xetra’s XTF segment currently comprises 789 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 €13 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.
Source: ETFWorld – Deutsche Börse
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