Since Friday, a new exchange-traded fund issued by Global X is tradable on Xetra and Börse Frankfurt.
The Global X Uranium UCITS ETF gives investors access to companies from the uranium industry for the first time. These include companies that are active in uranium mining and in the production of nuclear components as well as those that offer the corresponding equipment for the uranium and nuclear industry.
Currently, the benchmark index comprises around 50 companies, mainly from the energy, industrial and basic materials sectors, which are based in Canada, Australia, and South Korea.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Global X Uranium UCITS ETF||Equity ETF||IE000NDWFGA5||0.65 per cent||accumulating||Solactive Global Uranium & Nuclear Components V2 Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,841 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.