Four new ETFs issued by ETFX Fund Company plc have been tradable in Deutsche Börse’s XTF segment since Tuesday. For the first time, this enables investors to invest in the implied volatility of European blue chip equities with an ETF. Two further ETFX ETFs track the performance of companies in the infrastructure sector around the world and in emerging markets.
ETF name: ETFX-BofAML IVSTOXX ETF
Asset class: volatility
ISIN: DE000A1H81B1
Management fee: 0.80 percent
Distribution policy: non-distributing
Benchmark: EURO STOXX 50 Investable Volatility Index
ETF name: ETFX Dow Jones Brookfield Global Infrastructure
Asset class: equity index ETF
ISIN: DE000A1H8092
Management fee: 0.60 percent
Distribution policy: non-distributing
Benchmark: Dow Jones Brookfield Global Infrastructure Index
ETF name: ETFX Dow Jones Brookfield Emerging Markets Infrastructure
Asset class: equity index ETF
ISIN: DE000A1H8084
Management fee: 0.65 percent
Distribution policy: non-distributing
Benchmark: Dow Jones Brookfield Emerging Markets Infrastructure Index
ETF name: ETFX Dow Jones Global Select Dividend Fund
Asset class: equity index ETF
ISIN: DE000A1H81A3
Management fee: 0.50 percent
Distribution policy: non-distributing
Benchmark: Dow Jones Global Select Dividend Index
The ETFX-BofAML IVSTOXX ETF enables investors to participate for the first time in the performance of the EURO STOXX 50 Investable Volatility Index. This tracks the implied 3-month volatility of the EURO STOXX 50 – a blue-chip index containing the 50 largest equities in the euro zone.
With ETFX Dow Jones Brookfield Global Infrastructure and ETFX Dow Jones Brookfield Emerging Markets Infrastructure, investors can participate for the first time in the performance of the Dow Jones Brookfield Infrastructure index series. This contains companies that own and operate infrastructure assets. The index only includes companies which derive over 70% of their expected cash flow from the infrastructure sector, e.g. airports, communications or water. Depending on the ETF, the investment universe has a global or emerging-market focus.
The ETFX Dow Jones Global Select Dividend Fund enables investors to participate in the performance of the Dow Jones Global Select Dividend Index. The index consists of 100 equities with particularly high dividend distributions. To further strengthen the dividend orientation of the index, equities are weighted according to their dividends and not their market capitalisation.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 793 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
