Today, XACT Fonder lists a new ETF (Exchange Traded Fund) on the Stockholm Stock Exchange. XACT F Sweden is an index fund based on the companies’ fundamental key ratios.
In the calculation of the index, stocks’ key ratios form the basis of index weightings, rather than market capitalization, which is used for several other indices.
“This fund will be very attractive to private and institutional investors alike, due to its opportunities for strong returns, broad risk diversification and low fee of 0.5%”, says Dag Tjernsmo, CEO of XACT Fonder.
”It is very gratifying to welcome a new ETF from XACT Fonder to the Nordic Exchange. Through the listing of XACT F Sweden, investors will have a new exciting investment option”, says Jenny Rosberg, President of Company Services at OMX.
XACT FTSE RAFI Fundamental Sweden’s short name is XACT F SWEDEN. A round lot amounts to 50 fund shares.
