New Ossiam equity index ETF launched on Xetra


ETF from the Minimum Variance index family tracks the largest companies worldwide….

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    A new index fund issued by Ossiam Lux to be tradable on Xetra from Monday.  

    ETF name: Ossiam ETF World Minimum Variance NR (EUR share class)
    Asset class: equity index ETF
    ISIN: LU0799656698
    Total expense ratio: 0.65 percent
    Distribution policy: non-distributing
    Benchmark: Ossiam World Minimum Variance Index Net Return USD
    Trading currency: euro  

    The Ossiam ETF World Minimum Variance from the Ossiam Minimum Variance Index series tracks for the first time the performance of the world’s most liquid companies from the five regional indices of the S&P Global 1200 Index: S&P 500, S&P Europe 350, S&P TOPIX 150, S&P/TSX 60, S&P/ASX All Australian 50.

    The broadly diversified portfolio is composed using a dynamic process. The selected shares are weighted in accordance with an optimisation process which creates high risk diversification and accordingly low variance.

    The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1005 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €12 billion, makes Xetra Europe’s leading trading venue for ETFs.





    UBS gives investors a new and interesting access to Gold
    Listed today on the SIX Swiss Exchange
    Gold is expected to be the biggest beneficiary of the latest round of liquidity measures launched by the central banks. Therefore, UBS has listed a new Gold ETF on the Swiss stock exchange which gives UCITS compliant investors the possibility to invest in Gold. The UBS-IS Gold ETF (USD) IX is tradeable in US dollars and euros as of now.
    The newly-launched UBS-IS Gold ETF (USD) IX, while not allowing the option of redemption in kind, offers cost-effective access to gold for those investors who are obliged to invest in accordance with the European UCITS directives. To enable them to invest in gold while complying with the restrictions imposed on them, the new asset class “IX” has been created, with – in contrast to the other UBS Gold ETFs – the physical delivery of gold being deliberately prohibited.
    The new ETF’s total annual costs (TER), at 0.3%, are impressive, and make it the best-value ETF of this type on the Swiss market. Where tradeability is concerned, too, UBS has taken account of investors’ needs: Although performance, as before, is based on the London Gold Fixing afternoon price in US dollars, the new Gold ETF can be traded not only in US dollars but also in euros.
    As Thomas Merz, UBS Head of ETF Switzerland and Liechtenstein comments: “Many investors have again become interested in gold as a component in their portfolios. They expect the price of the precious metal to make it especially profitable in a market environment like today’s, with its low real interest rates and high liquidity. The UBS ETF now offers investors subject to UCITS, too, the opportunity to participate directly and simply in the performance of the price for physical gold.“
    The new UBS ETF on the SIX:
    Fund name TER Valor/
    UBS-IS Gold ETF (USD) IX 0,30% 19 049 528

    UBS already offers ETFs on gold in US dollars and in currency-hedged versions in Swiss francs and euros, which can be traded on the SIX Swiss Exchange. There are two share classes available: the “A” share class is geared toward private clients, while the “I” share class addresses the needs of institutional investors and high net worth individuals.