An additional exchange-traded equity index fund issued by Source is now tradable on Xetra.
ETF name: DAX Source ETF
Asset class: Equity index ETF
ISIN: DE000A0X80V0
Management fee: 0.15 percent
Distribution policy: non-distributing
Benchmark: DAX®
This new Source ETF gives investors a further opportunity to invest in the performance of the DAX index. DAX is the most important German equity index, and as the fourth largest underlying for derivatives in the world, is a key
equity index in the global financial markets. The DAX index is calculated by Deutsche Börse and tracks the performance of the 30 largest German companies in terms of order book turnover and market capitalization.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 556 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €11 billion, makes Xetra Europe’s leading trading venue for ETFs.