A new ETF issued by db x-trackers has been tradable on Deutsche Brses XTF segment since Thursday.
The new db x-trackers MSCI BRIC TRN Index ETF enables investors to participate in the performance of companies with high and mid-range market capitalisation from Brazil, Russia, India and China. The underlying index is weighted according to free-float market capitalisation.
With to date 320 securities, the index covers approximately 85% of the total market capitalisation of the four countries.
The product offering in Deutsche Brses XTF segment currently comprises a total of 858 exchange-listed index funds, making it the largest offering of all European stock exchanges.
This selection, together with an average monthly trading volume of 14 billion, makes Xetra Europes leading trading venue for ETFs.
(LB)