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FTSE Mondo Visione Exchanges Index:

Xetra/Börse Frankfurt: Two New PowerShares ETFs Launched On Xetra - ETFs Based On Agricultural Companies And FTSE RAFI All-World 3000 Index

Date 11/09/2014

Two new equity index funds from the ETF offering issued by PowerShares Global Funds have been tradable in the XTF segment on Xetra since Thursday.  

ETF name: PowerShares Global Agriculture UCITS ETF
Asset class: equity index ETF
ISIN: IE00B3BQ0418
Total expense ratio: 0.75 percent
Distribution policy: distributing
Benchmark: NASDAQ OMX Global Agriculture Index

 

The PowerShares Global Agriculture UCITS ETF tracks the performance of the NASDAQ OMX Global Agriculture Index. The reference index comprises globally active companies from the agricultural sector which are listed in the NASDAQ. The stocks are weighted by free-float market capitalisation. 

ETF name: PowerShares FTSE RAFI All-World 3000 UCITS ETF
Asset class: equity index ETF
ISIN: IE00B23LNQ02
Total expense ratio: 0.5 percent
Distribution policy: distributing
Benchmark: FTSE RAFI All-World 3000 Net Index TR (USD)

 

The PowerShares FTSE RAFI All-World 3000 UCITS ETF enables investors to participate in the change in value of the FTSE RAFI All-World 3000 Index. Companies are selected based on fundamentals, using the following four criteria: revenue, cashflow, dividend yield and price-to-book ratio. 

Deutsche Börse’s XTF segment product range currently comprises a total of 1,029 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.