ETFs offer access to individual sectors of “S&P’s Sector” index family…
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Five new iShares ETFs from BlackRock have been tradable via Xetra and Börse Frankfurt since Wednesday, 2 December 2015.
The new iShares ETFs track the performance of US companies in the “S&P 500 Sector” index family and give investors access to the consumer discretionary, energy, financials, healthcare, and IT sectors.
The consumer discretionary sector comprises companies from the automotive, clothing, media and general luxury goods sub-sectors. As consumption of these goods may be limited in economically difficult times, this sector is highly cyclical.
The energy sector consists of companies in integrated oil and gas, oil and gas drilling as well as coal and consumable fuels business.
The financials sector includes companies in the banking, mortgage, asset management and credit business.
The healthcare sector consists of a group of companies in health technology as well as research and development, including pharmaceutical and biotech companies.
The information technology sector encompasses those active in the technology sub-sectors: software and services (internet software and home entertainment), hardware and equipment (communication devices, computers and peripherals) as well as manufacturers of semi-conductors.
You can find further information on the individual products in the attached table.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,116 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.