Four new exchange-traded index funds issued by UBS ETFs plc have been tradable for the first time in US dollars in Deutsche Brses XTF segment since Wednesday.
ETF name: UBS ETFs plc MSCI USA TRN Index (USD) I-accAsset class: equity index ETFISIN: IE00B3RJTD64Management fee: 0.15 percentDistribution policy: non-distributingBenchmark: MSCI USA IndexTrading currency: US dollar
ETF name: UBS ETFs plc MSCI USA TRN Index (USD) A-accAsset class: equity index ETFISIN: IE00B3SC9K16Management fee: 0.32 percentDistribution policy: non-distributingBenchmark: MSCI USA IndexTrading currency: US dollar
ETF name: UBS ETFs plc S&P 500 Index (USD) I-accAsset class: equity index ETFISIN: IE00B3VSBW23Management fee: 0.05 percentDistribution policy: non-distributingBenchmark: S&P 500 IndexTrading currency: US dollar
ETF name: UBS ETFs plc S&P 500 Index (USD) A-accAsset class: equity index ETFISIN: IE00B4JY5R22Management fee: 0.22 percentDistribution policy: non-distributingBenchmark: S&P 500 IndexTrading currency: US dollar
The MSCI USA Index tracks the performance of the developed equity markets in the USA based on total return with dividends reinvested. The index currently includes around 600 large and medium-sized US companies selected on the basis of free-float market capitalisation.
The S&P 500 Total Return Net Index is weighted according to free float market capitalisation and in turn tracks the performance of the 500 largest US stock corporations. All dividends and distributions are taken into account in the index calculation after any tax is deducted.
The UBS ETFs plc MSCI USA TRN Index (USD) I-acc and the UBS ETFs plc S&P 500 Index (USD) I-acc are primarily aimed at institutional investors. The product offering in Deutsche Brses XTF segment currently comprises a total of 775 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of 13 billion, makes Xetra Europes leading trading venue for ETFs.
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