Xetra/Börse Frankfurt: New db x-trackers Equity Index ETF Launched On Xetra - ETF Tracks Companies With Above-Average Dividends

A new db x-trackers from the ETF section of Deutsche Asset & Wealth Management has been tradable in the XTF segment on Xetra since Wednesday.

ETF name: db x-trackers MSCI North America High Dividend Yield Index UCITs ETF
Asset class: equity index ETF
ISIN: IE00BH361H73
Total expense ratio: 0.39 percent
Distribution policy: non-distributing
Benchmark: MSCI North America High Dividend Yield

The db x-trackers MSCI North America High Dividend Yield Index UCITs ETF (DR) allows investors to participate for the first time in the performance of Canadian and US companies that distribute above-average dividends. The benchmark on which the ETF is based comprises various companies from the large and mid-cap sector whose free float market capitalisation accounts for around 85% of the relevant market. It only includes stocks with a dividend yield that is at least 30% above the base index. The weighting of the securities in the index is reviewed and adjusted quarterly.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,015 exchange traded funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.