The Spanish Stock Exchange Admits A New ETF Linked To The IBEX 35® Net Return To Trading - The ETF Is The New 1D-Class Shares Of The DB X-TRACKERS IBEX 35® UCITS ETF (DR)

The Spanish Stock Exchange has admitted the 1D-class shares of the DB X-TRACKERS IBEX 35® UCITS ETF (DR) to trading today. The shares were issued by db x-trackers, the Deutsche Bank Group’s ETF manager. The trading code is DXIBD.  

The new ETF comes in addition to the 1C-class shares of the same db x-trackers already listed on this market under the DXIBX trading code. The difference is that the 1D-class shares listed today can pay dividends, while the 1C-class shares always capitalise them. With the new ETF, the db x-trackers manager broadens its offering on the Spanish stock market to meet the preferences of different types of investors.

Both ETFs are linked to the IBEX 35® Net Return and their methodology is that of physical or direct replication, as shown by their product denomination under the DR (Direct Replication) acronym. The market member, Deutsche Bank AG, London Branch, will act as the specialist for this new ETF.

The value of assets managed by ETFs linked to IBEX indices exceeded €2 billion at the end of August, up 333% from a year earlier. Trading volume in the first eight months of the year totalled €6.3 billion, up 198% from the same period last year.