Deutsche Börse: First Asian ETF In XTF Segment

The first Asian exchange-traded fund (ETF) in the XTF segment, the Fresco Dow Jones Japan Titans 100, started trading on Thursday. The ETF is issued by UBS Global Asset Management under the brand name Fresco Index Shares and tracks the Dow Jones Japan Titans 100 index. The Dow Jones Japan Titans 100 index comprises the 100 largest Japanese equities.

The XTF segment has firmly established its position as the leading market segment for ETFs in Europe: With a market share of 45.6 percent and trading volume of 2.58 billion euros in January, XTF posted the highest turnover in Europe. Moreover, with currently 66 ETFs, the XTF segment has the largest offering of all European ETF platforms.