New UBS ETF launched on Xetra

ETF offers first-time access to euro zone equities with currency hedging against US dollar….

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

A new exchange-listed equity index fund issued by UBS AG has been tradable in Deutsche Börse’s XTF segment on Xetra since Thursday:

Asset class: equity index ETF
ISIN: LU0937835576
Total expense ratio: 0.33 percent
Distribution policy: distributing
Benchmark: MSCI EMU 100% Hedged to USD Total Return Net

The UBS ETF – MSCI EMU Hedged USD UCITS ETF (USD) A-dis gives investors the opportunity for the first time to track the performance of the equity markets in the European Monetary Union (EMU) in US dollars and to benefit at the same time from any appreciation of the US dollar against the euro. The index currently comprises 238 stock corporations from the following ten countries: Belgium, Germany, Finland, France, Ireland, Italy, the Netherlands, Austria, Portugal and Spain.

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,043 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.


Related Articles

ETC Group to list Ethereum ETP on the Deutsche Borse

Editorial Staff

21Shares Hits $1 billion in AuM Mark

Editorial Staff

First Trust : First European-listed diversified clean energy ETF

Editorial Staff