A new ETF issued by db x-trackers has been tradable on Deutsche Börse’s XTF segment since Thursday.
ETF name: db x-trackers MSCI BRIC TRN Index ETF
Asset class: equity index ETF
ISIN: LU0589685956
Total expense ratio: 0.65 percent
Distribution policy: non-distributing
Benchmark: MSCI BRIC TRN Index
The new db x-trackers MSCI BRIC TRN Index ETF enables investors to participate in the performance of companies with high and mid-range market capitalisation from Brazil, Russia, India and China. The underlying index is weighted according to free-float market capitalisation. With to date 320 securities, the index covers approximately 85% of the total market capitalisation of the four countries.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 858 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €14 billion, makes Xetra Europe’s leading trading venue for ETFs.
