New iShares ETF on Xetra: European companies from the industrials sector
New iShares ETF on Xetra: European companies from the industrials sector
A new exchange traded fund issued by iShares has been tradable on Xetra and Börse Frankfurt since Tuesday.
With the iShares MSCI Europe Industrials Sector UCITS ETF - EUR (Acc), investors participate in large and medium-sized companies from the industrials sector in 15 developed countries in Europe. These include companies from sub-industries like industrial machinery, electrical components, aerospace, construction, and trading companies.
The weighting of the largest company is limited to 35 per cent. The weighting of each additional title is limited to 20 per cent. Dividends are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares MSCI Europe Industrials Sector UCITS ETF - EUR (Acc) | Equity ETF | IE00BMW42520 | 0.25 per cent | Accumulating | MSCI Europe Industrials 20/35 Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,650 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.