ETF provides access to the performance of Japanese stock corporations….
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A new equity index fund from the ETF offering issued by Source has been tradable on Xetra in Deutsche Börse’s XTF segment since Monday.
Name: Source JPX-Nikkei 400 UCITS ETF (EUR hedged)
Asset class: equity ETF
Total expense ratio: 0.20 percent
Distribution policy: accumulating
Benchmark: JPX-Nikkei 400 Net Total Return Euro Hedged Index
The Source JPX-Nikkei 400 UCITS ETF (EUR hedged) enables investors to participate in the performance of the JPX-Nikkei 400 Index while hedged against exchange-rate risks to the euro. The reference index comprises small to large-cap stock corporations along with growth and innovation stocks. In addition to market capitalisation, instruments are selected based on fundamental data such as return on equity, operating income and corporate governance.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,052 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.