Since Wednesday, a new exchange-traded fund issued by Deka has been tradable on Xetra and via the trading venue Börse Frankfurt.
The Deka Nasdaq-100 UCITS ETF gives investors access to the 100 largest non-financial companies listed on the NASDAQ stock market. Some of the most represented industry groups include computer hardware and software, telecommunications, retail, wholesale, and healthcare. The most heavily weighted companies are Apple, Microsoft, and Amazon.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Deka Nasdaq-100 UCITS ETF||Equity ETF||DE000ETFL623||0.25 per cent||distributing||Nasdaq-100 Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,100 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.