A new equity index ETF issued by Source has been tradable in the XTF segment on Xetra since Friday.
ETF name: Source S&P 500 UCITS ETF – EUR Hedged
Asset class: equities
ISIN: IE00BRKWGL70
Total expense ratio: 0.15 percent
Distribution policy: non-distributing
Benchmark: S&P 500 EUR Hedged Net Total Return Index
The Source S&P 500 UCITS ETF – EUR Hedged gives investors access to the performance of the 500 largest stock corporations on the American market and also enables them to benefit from daily hedging against exchange-rate risks between the euro and the US dollar.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,044 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.