An additional exchange-listed equity index fund issued by CS ETF (IE) plc has been tradable in US dollars in Deutsche Börse’s XTF segment since Wednesday.
ETF name: CS ETF (IE) on S&P 500
Asset class: equity index ETF
ISIN: IE00B5BMR087
Total expense ratio: 0.28 percent p.a.
Distribution policy: non-distributing
Benchmark: S&P 500 Index
Trading currency: US dollar
The CS ETF (IE) on S&P 500 allows investors to track the performance of the S&P 500 Index, which is weighted according to free float market capitalization and in turn tracks the performance of the 500 largest US stock corporations.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 670 exchange-listed ETFs, making it the largest offering of all European
stock exchanges. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
