A new db x-trackers ETF from the Deutsche Asset Management ETF product family has been available for trading on Xetra and Börse Frankfurt since Tuesday.
Name: db x-trackers MSCI EMU Minimum Volatility UCITS ETF (DR)
Asset class: equity index ETF
ISIN: IE00BDGN9Z19
Total expense ratio: 0.25 percent
Distribution policy: distributing
Benchmark: MSCI EMU Minimum Volatility (EUR) Index
The db x-trackers MSCI EMU Minimum Volatility UCITS ETF (DR) offers investors access to large and mid-cap stock corporations from industrialised countries in the euro zone. The reference index comprises companies with the least forecast return volatility. The forecast volatility is calculated using historical market data such as share price and trading volume, financial key figures (ratio of dividends to price, price-to-book ratio, forecast earnings growth), sector and total shareholder return. Furthermore, minimum and maximum constituent, country and sector weights are used.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,152 exchange traded funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe’s leading trading venue for ETFs.
