A new exchange-traded fund issued by AXA Investment Managers has been tradable on Xetra and via Börse Frankfurt since Tuesday.
AXA IM NASDAQ 100 UCITS ETF USD Acc is passively managed and invests in the 100 largest national and international companies of the Nasdaq equity market by market capitalisation. The sectors currently included in the index are consumer discretionary, healthcare, materials, industrials, technology, telecoms, utilities, and consumer discretionary. The index does not include companies in the financial sector.
The ETF is set up as an accumulating variant and can be traded in USD.
|AXA IM NASDAQ 100 UCITS ETF USD Acc
|0.14 per cent
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1.992 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.