The average daily volume traded in index funds on Xetra in June was 84.55 million euros, about five percent higher than the 80,55 million euros recorded in the previous month. The DAX index tracker fund DAXEX was the most active product in June with some 1.2 billion euros in volume traded. The DAXEX ranked 19th among the most heavily traded products on Xetra. The Dow Jones Euro Stoxx 50 EX index fund was the second most heavily traded product in XTF, trading 283,4 million euros in June. This represents an increase of 40% compared with the previous month (May 200,85 million euros).
Investors can trade 16 index funds and 11 actively managed equity funds quickly and easily, like shares, through the XTF market segment. There are no loads for the purchase of fund shares through the stock exchange; all the investor has to pay are the usual transaction costs for the purchase and sale of securities. Investors can purchase the shares through any bank that offers trading in equities. Roughly 98 percent of the turnover in fund products in Germany is posted through Xetra. This means that all of the main trading parameters from equities trading are also available in XTF. These include continuous trading, auctions, a minimum lot of one fund share as well as Designated Sponsors who provide for liquidity.
