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New ETF Provider On Xetra - C-QUADRAT Starts Out With Strategy ETF On Europe’s Leading ETF Trading Platform

Date 24/09/2010

The first exchange-traded index fund issued by C- QUADRAT has been tradable in Deutsche Börse’s XTF segment since Friday.

ETF name: C-QUADRAT IQ European Equity ETF
Asset class: Strategy index ETF
ISIN: LU0531943461
Total expense ratio: 0.70 percent
Distribution policy: non-distributing
Benchmark: C-QUADRAT European Equity Index

The new strategy ETF enables investors to participate for the first time in the performance of the C-QUADRAT European Equity Index, calculated by STOXX Ltd. The index tracks the daily price development of the futures contracts on the EURO STOXX 50 Index traded on Eurex multiplied by an exposure factor. The exposure factor is determined at 8 a.m. every day and can be -1, 0, 1, 1.5 or 2. It is determined using an indicator model with historical data.

The product offering in Deutsche Börse’s XTF segment currently contains a total of 704 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €14 billion, makes Xetra Europe’s leading trading venue for ETFs.