An additional db x-trackers index fund from Deutsche Banks ETF offering has been admitted to trading on Xetra.
ETF name: db x-trackers HSI Short Daily Index ETFAsset class: Strategy ETFISIN: LU0429790313Management fee: 0.75%Distribution policy: non-distributingBenchmark: HSI Short Index
The new db x-trackers ETF tracks the performance of the HSI Short Index, which enables investors to participate in the inverse performance of the Hang Seng Index for the first time. The Hang Seng Index comprises 42 companies which represent approximately 70 percent of total market capitalization on the Hong Kong stock exchange. The stocks are weighted on the basis of market capitalization and freefloat.
The product offering in Xetras XTF segment currently comprises 496 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around 10 billion, Deutsche Brses XTF segment is the leading trading venue for ETFs in Europe.
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