An ETF issued by Goldman Sachs Structured Investments II SICAV has been tradable on Xetra for the first time since Tuesday.
ETF Name: Goldman Sachs Absolute Return Tracker Index ETF PortfolioAsset class: equity index ETFISIN: LU0529341090Total expense ratio: 1.215 percentDistribution policy: non-distributingBenchmark: Goldman Sachs Absolute Return Tracker Index
The new ETF offers investors the opportunity to participate in the performance of the Goldman Sachs Absolute Return Tracker Index. The index reflects the return of a dynamic basket of long and short investable market factors determined by an algorithm to approximate patterns of hedge fund returns as a broad asset class.
The product offering in Deutsche Brse’s XTF segment currently contains a total of 752 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 Europe’s leading trading venue for ETFs.
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