Exchange Traded Fund (ETF) Trading Strategies

Friday, January 8, 2010

Two new UBS ETFs launched on Xetra



ETFs on MSCI country/regional indices listed in XTF segment

Two more exchange-listed equity index funds issued by UBS ETF SICAV have been tradable on Xetra since Friday. Both UBS ETFs are based on the MSCI index family. These equity indices are weighted according to free float market capitalization and track the performance of international equity markets.

The two UBS ETFs are primarily aimed at institutional investors.

ETF name: UBS-ETF MSCI Canada I
Asset class: Equity index ETF
ISIN: LU0446734955
Management fee: 0.28 percent
Distribution policy: distributing
Benchmark: MSCI Canada Index

The MSCI Canada Index tracks the performance of Canadian companies which, combined, represent 85 percent of market capitalization in Canada.

ETF name: UBS-ETF MSCI EMU I
Asset class: Equity index ETF
ISIN: LU0446735093
Management fee: 0.18 percent
Distribution policy: distributing
Benchmark: MSCI EMU Index

The MSCI EMU (European Economic and Monetary Union) Index tracks the performance of the equity markets of the European Economic and Monetary Union (EMU). The following industrialized nations are included: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain.

The product offering in Deutsche Börse’s XTF segment currently contains a total of 549 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of 10 billion euros, makes Xetra Europe’s leading trading venue for ETFs.

No comments:

Post a Comment