New SPDR Equity Index ETF Launched On Xetra - ETF Tracks MSCI World Small Cap Index For The First Time

A new exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable in the XTF segment on Xetra since Tuesday. 

ETF name: SPDR MSCI World Small Cap UCITS ETF
Asset class: equity index ETF
ISIN: IE00BCBJG560
Total expense ratio: 0.45 percent
Distribution policy: non-distributing
Benchmark: MSCI World Small Cap Index

The new SPDR equities index ETF enables investors to participate in the performance of small-sized stock corporations from 24 different industrialised countries for the first time. The underlying MSCI World Small Cap Index consists of more than 4,000 constituents from countries such as Germany, France, Japan, USA or the UK, thus covering around 14% of the free float market capitalisation in each country for investors.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,031 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €10 billion, makes Xetra Europe’s leading trading venue for ETFs.