NYSE Euronext today welcomed three new exchange-traded funds (ETFs) in Paris as ComStage launched its ComStage ETFs CAC 40® range. Comstage is a key player in the European ETF market, with today’s launch marking its debut on the Paris market.
- ComStage ETF CAC 40® - ISIN code: LU0419740799 – symbol: Z40
Objective: generate a return for investors that tracks the performance of the CAC 40® index (ISIN FR0003500008). Annual fee: 0.20%. - ComStage ETF CAC 40® Short TR - ISIN code: LU0419740955 –
symbol: Z4S
Objective: generate a return for investors that tracks the performance of the CAC 40® Short index (ISIN QS0011095831). Annual fee: 0.35%. - ComStage ETF CAC 40® Leverage - code ISIN: LU0419741094 –
symbol: Z4L
ComStage ETF CAC 40® Leverage is an ETF on Euronext Paris that replicates the performance of the CAC 40® Leverage index (ISIN QS0011095815). It enables investors to participate in the performance of the CAC 40® Leverage index. Annual fee: 0.30%.
ComStage ETFs are funds that passively replicate their benchmark index. Passively-managed funds offer fees that are significantly lower than for actively-managed funds whose objective is to beat a benchmark index.
In addition to the advantages of passive management, ComStage ETFs thus offer management fees that are among the lowest on the market.
NYSE Euronext now counts 469 ETFs in Europe. Representing 16 issuers, these are linked to over 300 indices and span a wide range of assets and strategies.
