A new equity index fund issued by ComStage has been tradable on Xetra since Thursday.
ETF name: ComStage MDAX® TR UCITS ETF
Asset class: equity index ETF
ISIN: LU1033693638
Total expense ratio: 0.30 percent
Distribution policy: non-distributing
Benchmark: MDAX
The ComStage MDAX TR UCITS ETF enables investors to participate in the performance of the MDAX benchmark index. This performance index calculated by Deutsche Börse contains 50 medium-sized German stock corporations, as well as foreign companies from traditional industrial sectors operating primarily in Germany. These companies come in behind the 30 DAX® stocks in terms of market capitalization and exchange turnover. The index tracks the performance of medium-sized industrial stocks (mid caps).
Deutsche Börse’s XTF segment product range currently comprises a total of 1,015 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.
