New ETFlab Equity Index ETF Launched On Xetra

One more ETF issued by ETFlab Investment GmbH, a subsidiary of DekaBank Deutsche Girozentrale, has been admitted to trading on Xetra®.

ETF name: ETFlab DJ STOXX 50
Asset class: equity fund
ISIN: DE000ETFL250
Management fee: 0.19 percent
Income payments: distributed
Benchmark: Dow Jones STOXX 50 index

The Dow Jones EURO STOXX 50 index tracks the performance of the 50 largest companies, according to market capitalization, from 17 European countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, The Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

The product offering on Xetra in the XTF segment currently comprises a total of 443 exchange-traded index funds, making it the largest offering of all European stock exchanges. This range, together with an average monthly trading volume of over €9 billion, makes Deutsche Börse’s XTF segment Europe’s leading trading venue for ETFs.