Xetra/Börse Frankfurt: Source GS EFI Europe ETF Launched On Xetra - ETF Based On Beta Plus Strategy With European Equity Exposure

A new equity index fund from the ETF offering issued by Source has been tradable on Xetra in Deutsche Börse's XTF segment since Monday.  

ETF name: Source Goldman Sachs Equity Factor Europe UCITS ETF
Asset class: equity index ETF
ISIN: DE000A1161M1
Total expense ratio: 0.55 percent
Distribution policy: accumulating
Benchmark: Goldman Sachs Equity Factor Index Europe NTR Index EUR

The Source Goldman Sachs Equity Factor Europe UCITS ETF enables investors to participate in a strategy approach based on the following five stock-picking factors: size, value, momentum, quality and a low beta. This strategy aims for outperformance compared to traditional indices weighted by market capitalisation. The reference index selects from around 2,500 European stock corporations from 36 countries. 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,039 exchange traded funds. This range, along with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.