Two new db x-tracker equity index ETFs launched on Xetra
Deutsche Börse has announced the launch of two new db x-tracker equity index ETF’s on Xetra, the db x trackers belong to the ETF section of Deutsche Asset & Wealth Management (DeAWM), providing access to S&P 500 and the MSCI World Index respectively.
Both ETF’s are Ucits compliant and are non-distributing products. The db x-trackers S&P 500 Equal Weight ETF has a total expense ratio of 0.25%. The db x-trackers MSCI World Index has a total expense ratio of 0.19%.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,040 exchange-listed index funds, with an average monthly trading volume of €10 billion.