New ComStage Commodity Index ETF Launched On Xetra

On Thursday, a new ComStage index fund from Commerzbank’s ETF offering was admitted to trading on Xetra®.

ETF name: ComStage ETF Commerzbank Commodity EW Index TR
Asset class: commodity fund
ISIN: LU0419741177
Management fee: 0.30 percent
Distribution policy: non-distributing
Benchmark: Commerzbank Commodity EW Index TR

The Commerzbank Commodity EW Index TR tracks the performance of the 16 currently most liquid commodities. These are precious and base metals, soft commodities and energy feedstocks. All components of the index are equally weighted at 6.25 percent. The composition of the index is revised and adjusted every six months.

The product offering of Deutsche Börse’s XTF segment currently comprises a total of 451 exchange-listed ETFs, making it the largest offering of all European stock exchanges. This range, together with an average monthly trading volume of €9 billion, makes Xetra Europe’s leading trading venue for ETFs.