The seven passively managed index funds are, more specifically, the following products: Unico i-tracker MSCI World, Unico i-tracker MSCI Europe Consumer Discretionary, Unico i-tracker MSCI Europe Consumer Staples, Unico i-tracker MSCI Europe Energy, Unico i-tracker MSCI Europe Financials, Unico i-tracker MSCI Europe Health Care und Unico i-tracker MSCI Europe Telecommunication Services. These funds are issued by Unico Asset Management. This makes Unico Asset Management the first fund company to offer both passively and actively managed funds in the XTF segment.
Transparency is a major criterion of an efficient market, and particular importance is assigned to the calculation of the so-called indicative Net Asset Value (NAV). In addition to the existing indicative NAV calculation for passive index funds, as of Friday Deutsche Börse will also be the world's first exchange to calculate indicative NAVs for actively managed funds on a continuous basis. Deutsche Börse will start out with the NAV calculation for Unico ConClusio European Equities and Unico ConClusio Global Equities. The indicative NAV reflects the current fair value of a fund and thus provides investors with a decisive orientation aid for the purchase and sale of exchange-traded fund shares. The indicative NAV will be disseminated via all major data vendors and can also be accessed on the Internet under www.deutsche-boerse.com/xtf.
Including the new products, a total of 39 index funds and 13 actively managed exchange traded funds are listed in the XTF market segment.
