A new exchange-traded fund issued by First Trust has been tradable on Xetra and via Börse Frankfurt since Tuesday.
The First Trust US Equity Income UCITS ETF gives investors access to the performance of US companies that are part of the Nasdaq US High Equity Income Index. The companies are selected on the basis of factors such as liquidity, dividend yield and other quality criteria. Currently, the index comprises 120 securities that are mainly active in the financial sector. Other sectors include IT, consumer goods, energy and basic materials.
|First Trust US Equity Income UCITS ETF
|0.55 per cent
|Nasdaq US Equity Income Index
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,984 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.