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Two new db X-trackers index funds from Deutsche Bank’s ETF offering have been tradable on Xetra since Monday.
ETF name: db x-trackers STOXX Europe Christian ETF (DR)
Asset class: equity index ETF
ISIN: IE00B3QWFQ10
Total expense ratio: 0.40 percent
Distribution policy: distributing
Benchmark: STOXX Europe Christian Index
ETF name: db x-trackers Global Fund Supporters ETF (DR)
Asset class: equity index ETF
ISIN: IE00B46F7724
Total expense ratio: 0.25 percent
Distribution policy: distributing
Benchmark: Dow Jones Global Fund 50 Index
The db X-trackers ETF on the STOXX Europe Christian Index enables investors to participate for the first time in the performance of the European equity market taking Christian and social values into consideration. In order for an equity to be accepted into the index, it must be deemed compatible with Christian values and principles by an independent committee. Companies from the weapons, tobacco, alcohol, birth control and gambling sectors are barred.
The db X-trackers ETF on the Dow Jones Global Fund 50 Index enables investors to participate for the first time in the performance of the 50 companies with the largest market capitalisation that support the Global Fund. The Global Fund is the world’s largest multilateral financing institution supporting the prevention and treatment of tuberculosis, malaria and HIV.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 761 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
