New ETF Securities Commodity Index ETF Launched On Xetra

On Monday, a new index fund, from ETF Securities’ ETF offering was admitted to trading on Xetra®.

ETF name: ETFS Russell Global Gold Fund
Asset class: commodity fund
ISIN: DE000A0Q8NC8
Management fee: 0.65 percent
Distribution policy: non-distributing
Benchmark: Russell Global Gold Index®

The new Russell ETF tracks the performance of the Russell Global Gold Index, which measures the performance of all gold related securities in the Russell Global Index and worldwide goldmining-companies. The index includes 72 securities from seven countries (Australia, Canada, China, Russia, South Africa, UK and USA). The three biggest companies in the index are Barrick Gold, Goldcorp and Newmont Mining.

The product offering of Deutsche Börse’s XTF segment currently comprises a total of 453 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.