A new exchange-traded fund issued by First Trust is tradable on Xetra and Börse Frankfurt since Friday.
The First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF enables investors to participate in the performance of around 80 companies worldwide that specialise in smart grid supply. These companies are primarily engaged in the fields of electricity grid, electricity meters, equipment and networks, energy storage and management, and software used by the smart grid and electricity infrastructure sector.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF||Equity ETF||IE000J80JTL1||0.70 per cent||accumulating||Nasdaq OMX Clean Edge Smart Grid Infrastructure 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.