The five new equity index ETFs from db X-trackers mean that more than 1,000 ETFs have been tradable on Xetra since Wednesday. The product offering in the Deutsche Börse XTF segment thus remains the largest of all the European stock exchanges. This selection, together with an average monthly trading volume of €12 billion, makes Xetra Europe’s leading trading venue for ETFs. Its market share in European ETF trading is around 38 percent, with funds of more than €170 billion invested in ETFs.
“In April 2000, we became the first European stock exchange to introduce ETF trading. The number of products and the amount of funds invested have developed at a rapid pace since then. The product range comprises ETFs on equities, bonds and commodities and various topics such as dividend strategies,” said Rainer Riess, Managing Director of Xetra Market Development at Deutsche Börse. “The drivers of growth are the increasing awareness of ETFs and their variety of uses. Thanks to high liquidity, investors benefit from high transparency and low transaction costs in Xetra trading, which is both monitored and fair.”
“Together with ETF providers, Deutsche Börse has succeeded in developing the ETF from a niche product to an industry-standard in Europe in little more than ten years. This is making ETFs attractive for new target groups who will in future be able to implement their investment aims with ETFs thanks to highly liquid trading on Xetra. For this reason, I'm convinced that the attractiveness of ETFs will also increase a lot further in the future,” said Thorsten Michalik, head of db X-trackers, Deutsche Bank Exchange Traded Funds.
The four new db x-trackers equity index ETFs on individual countries from the region of South and Southeast Asia offer investors the opportunity to participate for the first time on Xetra in the performance of companies from Bangladesh, Pakistan, the Philippines and Singapore. The reference indices are part of the MSCI index family and weight the individual companies according to their free float and market capitalisation. The indices are calculated in US dollars.
db x-trackers MSCI Bangladesh IM TRN Index ETF (LU0659579220)
db x-trackers MSCI Pakistan IM TRN Index ETF (LU0659579147)
db x-trackers MSCI Philippines IM TRN Index ETF (LU0592215403)
db x-trackers MSCI Singapore IM TRN Index ETF (LU0659578842)
The db x-trackers equity index ETF on MSCI Japan Monthly Euro Hedged Index allows investors to track the performance of mid and large caps from Japan. These are hedged against exchange rate fluctuations between the euro and the US dollar.
db x-trackers MSCI Japan TRN Index ETF (EUR Hedged) (LU0659580079)
With the five new ETFs from db X-trackers, the product offering in the XTF segment currently comprises 1,004 exchange-listed index funds.