Since Monday, a new exchange-traded fund issued by FlexShares is tradable on Xetra and via Börse Frankfurt.
The FlexShares Listed Private Equity UCITS ETF gives investors the opportunity to invest in a selection of around 100 listed securities that offer exposure to the best companies in the private equity industry, according to Foxberry. The primary business purpose of these companies must be private equity, i.e. investments in companies, leveraged or management buyouts.
Dividend income is reinvested.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|FlexShares Listed Private Equity UCITS ETF||Equity ETF||IE0008ZGI5C1||0.40 per cent||accumulating||Foxberry Listed Private Equity SDG Screened USD Net Total Return Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,803 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.