Borsa Italiana welcomes on the ETFplus market a new issuer: Ossiam listed its first 4 equity ETFs. ....
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First 2 ETFs track minimum variance indices which aim is to select the most liquid components of the base index (respectively Stoxx 600 and S&P 500) so that the expected volatility of the portfolio obtained is minimized and is guaranteed a minimum sector diversification. The 2 ETFs are:
- OSSIAM ETF ISTOXX EUROPE MIN VARIANCE NR (LU0599612842)
- OSSIAM ETF US MINIMUM VARIANCE NR (LU0599612685)
The other 2 ETF track “Equally Weight” indices which are composed by the same shares of the base indices (respectively Stoxx Europe 600 and Eurostoxx 50) but with the same weight. The 2 ETFs are:
- OSSIAM ETF EURO STOXX 50 EQUAL WEIGHT NR (LU0599613063)
- OSSIAM ETF STX EUROP 600 EQUAL WEIGHT NR (LU0599613147)
Source: ETFWorld – Italian Stock Exchange