A new equity index ETF issued by Deka Investment GmbH has been tradable in Deutsche Börse’s XTF segment since Tuesday.
ETF name: Deka MSCI Europe ex EMU UCITS ETF
Asset class: equity index ETF
ISIN: DE000ETFL458
Total expense ratio: 0.30 percent
Distribution policy: distributing
Benchmark: MSCI Europe ex EMU Index
The Deka MSCI Europe ex EMU UCITS ETF enables investors to participate in the performance of the MSCI Europe ex EMU Index. The reference index comprises approximately 200 companies from five countries outside of the European Economic and Monetary Union (EMU). The equities are weighted on the basis of free float market capitalisation.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,051 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.
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