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New Source ETF offers currency-hedged access to the S&P 500

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A new equity index ETF issued by Source, the Source S&P 500 UCITS ETF – EUR Hedged, has begun trading in the XTF segment on Xetra.

The new ETF gives investors access to the performance of the 500 largest stock corporations on the American market and also enables them to benefit from monthly hedging against exchange-rate risks between the euro and the US dollar. 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,044 exchange traded funds. This selection, together with an average monthly trading volume of around EUR11 billion, makes Xetra Europe’s leading trading venue for ETFs.

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