Four new exchange-listed equity index funds from the issuer UBS Global Asset Management have been tradable in Deutsche Börse’s XTF segment since Friday.
The four new UBS ETFs offer investors the opportunity to participate for the first time in the performance of a variety of different hedge funds of one strategy type.
The HFRX Equity Hedge EUR Index investment strategy employs quantitative and fundamental approaches to invest primarily in equities and equity derivatives, taking both long and short positions.
The investment strategy of the HFRX Event Driven Index focuses on companies that are undergoing change, for example, due to mergers, restructuring measures, financing difficulties, takeover offers, share buy-back programs or security issues.
The investment strategy of HFRX Macro CTA takes key economic indicators and their impact on equity, bond, currency and commodity markets into account. In selecting individual instruments, fund managers perform discretionary as well as systematic analyses, use top-down and bottom-up techniques, take qualitative and fundamental approaches, and go long and short.
The HFRX Relative Value Arbitrage Index investment strategy takes advantage of price inefficiencies between securities linked to each other. These may be equities, bonds, derivatives or other groups of instruments.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 983 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of EUR12 billion, makes Xetra Europe’s leading trading venue for ETFs. Xetra and XTF are registered trademarks of Deutsche Börse AG.