The fund shares can be purchased easily and quickly, like equities, especially by private investors. The funds are quoted continuously on Xetra and in broker-supported trading. The price of one share corresponds to a fraction of the index value set by the issuer. At least two Designated Sponsors will provide for sufficient liquidity on Xetra for each index fund. The fund composition is adjusted daily to the index weightings and tracks the performance of the underlying index.
To make the new segment as transparent as possible, Deutsche Börse is making data on the current value of the fund, the so-called net asset value and the index trend available to information service providers and financial institutions as well as on the Internet. Further data, such as performance, turnover and product descriptions can be called up via the Deutsche Börse Web site www.exchange.de as soon as the segment is launched.
