ETFWorld.co.uk

New Deka equity index ETF launched on Xetra

ETF tracks highest dividend stocks in euro zone excluding financials….


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A new equity index ETF issued by Deka Investment GmbH has been tradable on Xetra and Börse Frankfurt since Tuesday.

ETF-name: Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF
Asset class: equity index ETF
ISIN: DE000ETFL482
Total expense ratio: 0.3 percent
Distribution policy: distributing
Benchmark: EURO iSTOXX ex Financials High Dividend 50 Index

The Deka EURO iSTOXX ex Fin Dividend+ UCITS ETF allows investors to participate for the first time in the performance of the 50 highest dividend stocks in the euro zone, excluding financials. The companies included in the reference index are weighted by dividend yield. 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,087 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.

Source: ETFWorld.co.uk

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