Since Tuesday, a new Exchange Traded Fund issued by UBS Asset Management is tradable on Xetra and via Börse Frankfurt.
The UBS ETF (LU) MSCI World ex USA Index Fund UCITS ETF tracks the performance of the MSCI World ex USA Index. The fund offers investors access to a broadly diversified portfolio of large and mid-cap companies from 22 developed countries, excluding the US.
Currently comprising 806 stocks, the index covers approximately 85 per cent of the free-float-adjusted market capitalisation of each respective country. The countries with the highest representation are Japan (20 per cent), Great Britain (13 per cent), Canada (11 percent), France (10 per cent), and Switzerland (9 per cent).
| Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
| UBS ETF (LU) MSCI World ex USA UCITS ETF (USD) A-acc | Equity ETF | LU2807512947 | 0.14 per cent | accumulating | MSCI World ex USA Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,363 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.