"Deutsche Börse is at the cutting edge of innovation in the European ETF market. Following the introduction of European equity and bond ETFs, we are now offering the world’s first commodity ETF in the rapidly expanding market for exchange traded index funds," said Rainer Riess, Managing Director of Stock Market Business Development at Deutsche Börse, and responsible for the XTF segment. "EasyETF GSCI grants investors straightforward and cost-efficient access to the commodities market".
The acquisition of EasyETF GSCI units (ISIN: LU0203243414) via Deutsche Börse does not involve a front-end load, and the annual management fee is 0.45 percent. The GSCI index underlying the EasyETF GSCI fund reflects the performance of the commodities with the highest global demand. The GSCI contains commodities from the four sectors Energy (e.g. Brent and Natural Gas), Metals (Precious and Industrial), Agriculture (e.g. Corn and Coffee), and Livestock (Live Cattle and Lean Hogs).
The XTF segment of Deutsche Börse is Europe’s leading market place for exchange-traded funds. With currently 73 index funds, it offers the largest range of any European stock market. Average monthly trading volume on Xetra is approximately €2.8 billion, or more than 50 percent of total trading volume in exchange-traded index funds for the whole of Europe.