Since Thursday, an additional exchange-traded index fund issued by Source has been tradeable on Xetra.
ETF name: Man GLG Europe Plus Source ETF
Asset class: equity index ETF
ISIN: IE00B59D1459
Total expense ratio: 0.75 percent
Distribution policy: non-distributing
Reference index: Man GLG Europe Plus Index
This ETF allows investors to participate in the performance of the Man GLG Europe Plus index. The reference index tracks the performance of the top companies in the following European countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The index aims to outperform the European equities market. The top companies include all those that are listed on a regulated market and that have a market value of at least €50 million.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 767 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 €13 billion, makes Xetra Europe’s leading trading venue for ETFs.