Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Deutsche Börse: Six New Actively Managed Funds In XTF

Date 18/11/2002

Deutsche Börse is further expanding its XTF segment with six new actively managed funds. Since Monday, four new actively managed equity funds and two new actively managed bond funds are tradable in XTF. The six funds are issued by Xavex Sicav, a subsidiary of Deutsche Bank. Xavex has been represented in the XTF segment with its fixed-income fund Xavex Dynamic Bond Portfolio since May 2002.

The equity funds Xavex Euro Value and Xavex Euro Growth invest in European equities from the Dow Jones Euro STOXX Large Cap index. Two further equity funds, Xavex US Value and Xavex US Growth, invest in US equities from the S&P 500. The fixed-income fund Xavex Euro Sovereign Elite invests in European sovereign bonds, the Xavex Yieldleader in emerging market bonds. Deutsche Bank is acting as Designated Sponsor for these funds.

The six new funds bring the total number of actively managed funds in XTF from 16 to 22. As of the end of October, a total of 4.28 billion euros was invested in actively managed funds in XTF.

Further information from the Gruppe Deutsche Boerse is available under http://www.media-relations.deutsche-boerse.com.