From today six new ETFs will trade on the XTF segment of Deutsche Borse. With the addition of the new funds, the number of ETFs in the XTF segment increases to 63.
The new funds are sector and country ETFs: Fresco DJ Germany Titans 30, Fresco DJ US Large Cap, Fresco Stoxx European Banks, Fresco Stoxx European Health Care, Fresco Stoxx European Technology and Fresco European Telecommunication. One further ETF, the Fresco DJ Japan Titans 100, will soon follow. Fresco Index Shares, a subsidiary of UBS Global Asset Management, is thus expanding its product portfolio from four to 11 ETFs.
In terms of the total turnover in ETFs for the year to date in 2002, XTF has a market share of 47.2 percent. Deutsche Borse claims the cross-listed products have been especially successful: among the ETFs that are also listed on other European exchanges in addition to XTF, 75.5 percent of the turnover in August was posted in the XTF segment of Deutsche Brse.