New on Xetra: Emerging Market ETF by Franklin Templeton on the Indian Equity Market
New on Xetra: Emerging Market ETF by Franklin Templeton on the Indian Equity Market
A new Franklin Templeton Exchange Traded Fund has been tradable on Xetra and Börse Frankfurt since Wednesday.
The Franklin FTSE India UCITS ETF offers an investment in the performance of the Indian emerging market on the basis of the FTSE India 30/18 Capped Index, which tracks the large and mid cap stocks, weighted by market capitalisation. Based on the previously listed Franklin FTSE China, Brazil and Korea ETFs, this investment also enables a diversified index composition with a maximum share weighting of up to 30 per cent for the largest issuers and up to 18 per cent for the other issuers.
The ETF is subject to a physical replication method and is available as a reinvestment asset class.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Franklin FTSE India UCITS ETF | Equity ETF | IE00BHZRQZ17 | 0.19 per cent | Accumulating | FTSE India 30/18 Capped Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,456 ETFs. With this selection and an average monthly trading volume of around EUR 11 billion, Xetra is the leading trading platform for ETFs in Europe.