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Three new listed equity index funds and an additional bond index fund issued by ComStage have been tradable in Deutsche Börse’s XTF segment since Wednesday.
ETF name: ComStage ETF DAX FR
Asset class: equity index ETF
ISIN: LU0488317024
Total expense ratio: 0.15 percent
Distribution policy: distributing
Benchmark: DAX Index (price index)
ETF name: ComStage ETF EURO STOXX 50 FR
Asset class: equity index ETF
ISIN: LU0488317297
Total expense ratio: 0.15 percent
Distribution policy: distributing
Benchmark: EURO STOXX 50 Index (price index)
ETF name: ComStage ETF FTSE 100 TR
Asset class: equity index ETF
ISIN: LU0488316216
Total expense ratio: 0.25 percent
Distribution policy: non-distributing
Benchmark: FTSE 100 Total Return Index
ETF name: ComStage ETF iBoxx € Germany Covered Capped Overall TR Asset
class: bond index ETF
ISIN: LU0488317610
Total expense ratio: 0.17 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx € Germany Covered Capped TR Index
ComStage ETF DAX FR tracks the DAX price index, which comprises the 30 largest and best-performing German companies. ComStage ETF Euro STOXX 50 FR tracks the EURO STOXX 50 price index, which comprises the euro zone’s top 50 industry leaders. ComStage ETF FTSE 100 TR tracks the performance of the FTSE 100 TR Index and thus the performance of the 100 largest companies headquartered in the UK.
The performance of the Markit iBoxx € Germany Covered Capped TR Index is tracked by the ComStage ETF iBoxx € Germany Covered Capped Overall TR bond index fund. The index comprises euro-denominated covered bonds issued in Germany. All bonds must always have an outstanding volume of at least €1 billion, and have a residual maturity of at least one year at the time of rebalancing. This is a total return index, which means coupon payments are reinvested in the index.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 678 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €14 billion, makes Xetra Europe’s leading trading venue for ETFs.
