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A new exchange-traded equity index fund issued by Amundi has been tradable in Deutsche Börse’s XTF segment since Tuesday.
ETF name: Amundi ETF TOPIX EUR Hedged Daily
Asset class: equity index ETF
ISIN: FR0011314277
Total expense ratio: 0.48 percent
Distribution policy: distributing
Benchmark: TOPIX Euro Daily Hedged Index
The Amundi ETF TOPIX EUR Hedged Daily enables investors to participate in the performance of all Japanese equities admitted for official trading on the Tokyo Stock Exchange, while remaining hedged against daily exchange rate fluctuations between the euro and the Japanese yen. The TOPIX price index is weighted by market capitalisation and currently comprises 1,674 Japanese stock corporations.
The product offering in Xetra’s XTF segment currently comprises 1,025 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €11 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.
