First ETFs on the MSCI Japan and MSCI World indices with currency hedge Six equity index funds issued by iShares (BlackRock Inc.) have been tradable on Xetra since Friday.
ETF name: iShares MSCI Japan Monthly EUR HedgedAsset class: equity index ETFISIN: DE000A1H53P0Total expense ratio: 0.64 percent p.a.Distribution policy: non-distributingBenchmark: MSCI Japan 100% Hedged to EUR Index Net
ETF name: iShares MSCI World Monthly EUR HedgedAsset class: equity index ETFISIN: DE000A1H53Q8Total expense ratio: 0.55 percent p.a.Distribution policy: non-distributingBenchmark: MSCI World 100% Hedged to EUR Index Net
ETF name: iShares S&P 500 Monthly EUR Hedged
Asset class: equity index ETFISIN: DE000A1H53N5Total expense ratio: 0.45 percent p.a.Distribution policy: non-distributingBenchmark: S&P 500 Euro Hedged Index
The indices underlying these three ETFs are weighted according to free float market capitalisation. The MSCI Japan Index tracks the performance of the developed equity markets in Japan, the MSCI World Index the international equity markets of industrialised nations, and the S&P 500 Total Return Net Index the 500 largest US stock corporations. These three iShares ETFs are hedged against exchange rate fluctuations between the euro and the US dollar.
ETF name: iShares MSCI Russia Capped SwapAsset class: equity index ETFISIN: DE000A1H53L9Total expense ratio: 0.74 percent p.a.Distribution policy: non-distributingBenchmark: MSCI Russia Capped Index
The MSCI Russia Capped Index is weighted by market capitalisation, and comprises components of the Russian standard index MSCI Russia. At present it only covers Russia.
ETF name: iShares S&P CNX Nifty India SwapAsset class: equity index ETFISIN: DE000A1H53K1Total expense ratio: 0.85 percent p.a.Distribution policy: non-distributingBenchmark: S&P CNX Nifty
The S&P CNX Nifty Total Return comprises 50 equities from 22 sectors of the Indian economy and thus approximately 55 percent of the market capitalization of the National Stock Exchange of India.
ETF name: iShares MSCI USAAsset class: equity index ETFISIN: DE000A1H53M7Total expense ratio: 0.40 percent p.a.Distribution policy: non-distributingBenchmark: MSCI USA Index
The MSCI USA Index is weighted according to free float market capitalization and tracks the performance of the developed equity markets in the USA. The product offering in Deutsche Brses XTF segment currently comprises a total of 797 exchange-listed ETFs, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around 13 billion, makes Xetra Europes leading trading venue for ETFs.
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