Deka launches equity index ETF
Deka investment GmbH has launched a new equity index ETF on Deutsche Börse’s trading platform Xetra, which tracks the Euro Stoxx 50 Index,
The Ucits compliant ETF enables investors to participate in the performance of companies from the EURO STOXX 50 Index, which comprises the top 50 eurozone stock corporations weighted by free-float market capitalisation.
In contrast to the existing Deka Euro Stoxx 50 ETF, its income is not distributed but accumulated. It has a total expense ratio of 0.15%