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Source launches new equity index ETF on Xetra


Source has launched a new equity index exchange traded fund – the Source S&P 500 UCITS ETF – on Xetra and the Börse Frankfurt venue.

The new ETF tracks the performance of the S&P 500 Index using a selection of companies comprised in it.
The Source S&P 500 UCITS ETF enables investors to participate in the performance of companies that belong to the US equity market's large-cap segment. The S&P 500 reference index comprises companies that have a market capitalisation of more than USD 5 billion and that are listed on NYSE or Nasdaq.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,096 exchange traded funds. 

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