The 13 index funds on the FTSE Global Sector indices cover the indices FTSE Global Autos, FTSE Global Banks, FTSE Global Basic Industries, FTSE Global Cyclical, FTSE Global Energy, FTSE Global Financials, FTSE Global General Industrials, FTSE Global Media, FTSE Global Non-Cyclical, FTSE Global Pharmaceuticals, FTSE Global Tech, FTSE Global Telecoms and FTSE Global Utilities. In addition to these 13 new products investors are able to trade 19 existing index funds based on the FTSE 100, Deutsche Börse's indices and the Dow Jones family of indices.
Currently, there are 32 index funds and 11 actively managed equity funds listed in 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 buy the shares through any bank that offers trading in equities.
Roughly 98 percent of the volume traded in fund products in Germany is posted through Xetra, which means that all of the main trading parameters from equities trading are also valid for XTF. These include continuous trading, auctions, a minimum lot of one fund share as well as Designated Sponsors who provide for liquidity.
