An additional exchange-listed equity index fund issued by Credit Suisse has begun trading in US dollars in Deutsche Börse’s XTF segment.
The CS ETF (IE) on S&P 500 allows investors to track the performance of the S&P 500 Index, which is weighted according to free float market capitalisation and in turn tracks the performance of the 500 largest US stock corporations.
The fund’s total expense ratio is 0.28 per cent per annum.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 670 exchange-listed ETFs, making it the largest offering of all European stock exchanges.