Source Man launches four new ETFs on Xetra  

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UK-based ETF provider Source has launched four new ETF products available the German stock exchange.

The new products include two new active ETFs, the Source Man GLG Asia Plus ETF and Source Man GLG Continental Europe Plus ETF. They are based on the assessments of 65 brokers and apply a rule-based approach. Investors can choose between stock corporations from Asia, Australia and New Zealand, or the continental Europe region. Stock corporations from Japan are not included.

The new products also include Source Morningstar US Energy Infrastructure MPL Ucits ETF and the Source Morningstar US Energy Infrastructure MPL Ucits ETF. Both are based on companies with the legal form of master limited partnerships (MLP), although their distribution policies differ. The reference index covers 97 percent of market capitalisation of all energy MLPs traded in the USA.

All four products are tradable in the XTF segment on Xetra and have a non-distributing policy with the exeption of the infrastructure fund.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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