Deutsche Börse: Four New ETFs Tradable At Deutsche Börse - Credit Suisse Asset Management Expands Portfolio

Four new exchange-traded funds (ETFs) have been tradable in Deutsche Börse's XTF segment since Thursday. The new ETFs are issued by Credit Suisse Asset Management and track the MSCI Euro index and three Dow Jones Sector Titans indices. With an investment in the XMTCH (Lux) on MSCI Euro, investors can participate in the performance of the 120 or so largest companies in the Eurozone. The three new Sector Titans ETFs - XMTCH (Lux) on DJ Banks Titans, XMTCH (Lux) on DJ Healthcare Titans and XMTCH (Lux) on DJ Technology Titans - provide access to the top 30 equities worldwide in these respective sectors.

With the four new ETFs, Credit Suisse Asset Management is expanding its portfolio from one ETF (XMTCH on SMI) to five ETFs in Deutsche Börse's XTF segment. Morgan Stanley & Co. International Ltd. is the Designated Sponsor for the four new ETFs.

The XTF segment at Deutsche Börse is the leading segment for trading in exchange-traded funds in Europe. Over 60 percent of the ETF volume traded in Europe is generated in the XTF segment. Moreover, 63 percent of the total assets under management in Europe are managed in the XTF segment.

There are 68 ETFs and 24 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 pays 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 99 percent of the turnover 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.