Three new listed equity index funds and an additional bond index fund issued by ComStage have begun trading in Deutsche Börse’s XTF segment.
ComStage ETF DAX FR tracks the DAX price index, which comprises the 30 largest and best-performing German companies.
ComStage ETF Euro Stoxx 50 FR tracks the EURO Stoxx 50 price index, which comprises the eurozone’s top 50 industry leaders.
ComStage ETF FTSE 100 TR tracks the performance of the FTSE 100 TR Index and thus the performance of the 100 largest companies headquartered in the UK.
The performance of the Markit iBoxx EUR Germany Covered Capped TR Index is tracked by the ComStage ETF iBoxx EUR Germany Covered Capped Overall TR bond index fund. The index comprises euro-denominated covered bonds issued in Germany. All bonds must always have an outstanding volume of at least EUR1bn, and have a residual maturity of at least one year at the time of rebalancing. This is a total return index, which means coupon payments are reinvested in the index.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 678 exchange-listed index funds, making it the largest offering of all European stock exchanges.