Two new db X-trackers equity index ETFs launched on Xetra

jan 26, 2012

Minute Read

First ETF to cover S&P Equal Weight Index .…

Two new equity index ETFs issued by db X-trackers have been tradable in Deutsche Börse’s XTF segment since Wednesday.

ETF name: db X-trackers S&P Equal Weight ETF
Asset class: equity index ETF
ISIN: LU0659579493
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: S&P 500 Equal Weight Index

ETF name: db X-trackers ATX ETF
Asset class: equity index ETF
ISIN: LU0659579063
Total expense ratio: 0.25 percent
Distribution policy: non-distributing
Benchmark: ATX Index

The db X-trackers S&P Equal Weight ETF enables investors for the first time to participate in the performance of 500 US companies in the S&P 500 index. All companies in the index have a fixed weighting of 0.2%. Dividends and distributions are reinvested after tax deductions.

The investment objective of the db X-trackers ATX ETF is to track the performance of 20 Austrian companies which represent all key sectors. The performance index is weighted according to market capitalisation and takes dividends and distributions into account after deduction of any tax.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 920 exchange-listed index funds, while the average monthly trading volume stands at €16 billion.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

Source: ETFWorld – Deutsche Börse

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