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DWS ETF

DWS Xtrackers : New Equity ETF on LSE

DWS Xtrackers : A new Equity ETF on London Stock Exhange

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By ETFWorld.co.uk


The investment objective of the Xtrackers S&P 500 Equal Weight UCITS ETF 1D is to track the performance before fees and expenses of the Underlying Asset, which is the S&P 500® Equal Weight Index.

The Reference Index is designed to measure the performance of the companies in the S&P 500 Index with each company in the Reference Index being allocated a fixed weight of 0.20%.

The Reference Index contains shares of large public companies traded on the New York Stock Exchange Euronext or the NASDAQ OMX Markets.

The S&P 500® Equal Weight Index is designed to measure the performance of the companies in the S&P 500 Index with each company in the Index being allocated a fixed weight of 0.20%.

The Index contains shares of large public companies traded on the New York Stock Exchange Euronext or the NASDAQ OMX markets.

The shares comprising the S&P 500 Index are weighted according to the total market value of their outstanding shares (capitalisation weighted).

The Index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax.

The Index is reviewed and rebalanced on a quarterly basis, to coincide with the readjustments of the S&P 500 Index, and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions.

Name Xtrackers S&P 500 Equal Weight UCITS ETF 1D
ISIN IE000N5GJDD7
Sedol BMQ7FJ2
On-going charges 0.25 per cent
Currency GBP
Reference index S&P 500® Equal Weight Index

Source: ETFWorld.co.uk

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