ETFWorld.co.uk

New Source equity index ETF launched on Xetra

A new equity index fund from the ETF offering issued by Source has been available on Xetra and the Börse Frankfurt venue since Monday. The ETF tracks the performance of the S&P 500 Index using a selection of companies comprised in it….


Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy


Name: Source S&P 500 UCITS ETF

Asset class: equity ETF
ISIN: DE000A141DW0
Total expense ratio: 0.05 percent
Distribution policy: accumulating
Benchmark: S&P 500 Index

The Source S&P 500 UCITS ETF enables investors to participate in the performance of companies that belong to the US equity market’s large-cap segment. The S&P 500 reference index comprises companies that have a market capitalisation of more than USD 5 billion and that are listed on NYSE or Nasdaq.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,096 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

Related Articles

Tabula launches the world’s first Paris Aligned Bond ETF to tackle climate change

Editorial Staff

VanEck : First Bitcoin ETN tradable on Xetra

Editorial Staff

iShares lists six European sector indices ETFs on Xetra

Editorial Staff