A new db x-trackers issued by Concept Fund Solutionsplc from the ETF section of Deutsche Asset & Wealth Management is now trading in Deutsche Börse's XTF segment on Xetra.
The db x-trackers MSCI GCC Select Index UCITS ETF gives investors access to the performance of stock corporations from countries of the Gulf Cooperation Council (GCC). The GCC countries comprise Bahrain, Kuwait, Omar, Qatar, Saudi Arabia and the United Arab Emirates. The reference index covers around 85 percent of the free float market capitalisation of stock corporations of these countries, with a focus on large and medium-sized enterprises in the financial and construction sector.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,050 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.