Twelve new ETFs issued by db X-trackers have been tradable in Deutsche Börse’s XTF segment since Monday. Ten of the ETFs are in the MSCI Emerging Markets Sector Index Series and enable investors to participate in the performance of emerging market companies in the following sectors for the first time: consumer staples, energy, finance, healthcare, industry, IT, consumer discretionary, telecommunications services, utilities and materials.
The db x-trackers MSCI Emerging Market Short Daily Index ETF will track the daily inverse performance of the MSCI Emerging Market Index plus an interest component. This interest component represents earned interests the ETF will receive when it enters into the notional short position.
The aim of the db Equity Strategies Hedge Fund Index ETF (EUR) is to track the db Equity Strategies Hedge Fund Index’s performance as exactly as possible. The index follows two investment strategies: the equity hedge strategy and the equity market neutral strategy. Through the equity hedge strategy, an investment is made in shares classed as undervalued (long). Instruments considered to be overvalued are short sold (short). The equity market neutral strategy combines both long and short positions. However the index portfolio is designed to largely act on market neutral terms.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 835 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of EUR13 billion, makes Xetra Europe’s leading trading venue for ETFs.