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Source issues first smart beta ETF from FTSE RAFI Equity Income index family in Europe on Xetra


Source has launched a new equity index exchange traded fund (ETF) – the Source FTSE RAFI Europe Equity Income Physical UCITS ETF – on Deutsche Börse’s XTF segment on Xetra and Börse Frankfurt.

The new ETF gives investors access in Europe to the first equity index ETF from the FTSE RAFI Equity Income index family. The reference index's strategy focuses on European companies with high and sustainable dividend income strength.
Companies are selected and weighted according to the following five fundamentals: carrying value, cashflow, operating margin, dividend yield and the total value of the company.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,133 exchange traded funds.

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