Three new db x-trackers ETFs from the product family section of Deutsche Asset & Wealth Management have begun tradaing in Deutsche Börse’s XTF segment on Xetra.
The db x-trackers S&P 500 UCITS ETF (Prospective DR) tracks the performance of 500 large-cap companies, representing all major US industries. A company’s weighting in the reference index is based on its market capitalisation. Investors benefit from a monthly currency hedge to reduce the impact of euro-dollar exchange rate fluctuations on the value of their investment.
The db x-trackers Russell 2000 UCITS ETF (Prospective DR) measures the performance of the small-cap segment of the US equity universe, representing approximately 10 percent of the total market capitalisation of Russell 3000. The reference index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax.
The db x-trackers Russell Midcap UCITS ETF (Prospective DR) provides investors with access to the performance of mid-cap stocks of the US equity universe. The fund tracks the smallest 800 companies by market capitalisation of the Russell 1000 Index (which follows the 1000 largest capitalisation corporations in the US). The reference index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax.
