DWS has launched an Xtrackers exchange-traded fund (ETF) providing exposure to the Nasdaq-100 Index with a highly competitive annual all-in fee of 0.2%.
Simon Klein, DWS’s Global Head of Passive Sales
DWS launches highly fee competitive Nasdaq-100 ETF
Provides exposure to the heavily technology weighted Nasdaq-100 Index
Three further Xtrackers ETFs also listed
The index, which consists of 100 of the largest domestic and international non-financial companies listed on the US’s Nasdaq Stock Market, skews heavily towards technology stocks.
The Xtrackers NASDAQ 100 UCITS ETF listed today on the London Stock Exchange (LSE).
Simon Klein, DWS’s Global Head of Passive Sales, commented: “As investor portfolios evolve to be positioned for the post Covid-19 innovation economy, we expect demand for our extremely competitively priced Nasdaq 100 UCITS ETF to be high.”
The Xtrackers NASDAQ 100 UCITS ETF uses direct, physical replication and has an accumulation dividend distribution structure.
Meanwhile, also today, DWS has listed the Xtrackers MSCI USA Industrials UCITS ETF, the Xtrackers MSCI USA Communication Services UCITS ETF, and the Xtrackers MSCI EMU ESG UCITS ETF on the LSE.
Source: ETFWorld.co.uk
