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First iShares ETF with access to Swedish stock market launched on Xetra

ETF comprises largest and most traded companies on the Stockholm Stock Exchange and is traded in Swedish kronor…


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A new iShares equity index ETF has been tradable via Xetra since Monday.

Name: iShares OMX Stockholm Capped UCITS ETF
Asset class: equity index ETF
ISIN: IE00BD3RYZ16
Total expense ratio: 0.1 percent
Distribution policy: accumulating
Benchmark: OMX Stockholm Benchmark Cap Index

The iShares OMX Stockholm Capped UCITS ETF provides investors for the first time with access to the performance of the 80 largest and most frequently traded stock corporations listed on the Stockholm Stock Exchange.

The reference index comprises sectors including the main ones, finance, industry and services, and is weighted according to free float and market capitalisation. Individual company weightings are limited to ten percent.

Source: ETFWorld.co.uk

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