Two exchange-traded funds issued by Commerz Funds Solutions, a Commerzbank Group management company, are now trading on Xetra and Börse Frankfurt.
The ComStage 1 SDAX UCITS ETF gives investors access to the 50 small caps which rank by market cap and exchange turnover behind DAX and MDAX and form part of Deutsche Börse's Prime Standard.
The companies are predominantly active in Germany and represent traditional industrial sectors, such as the chemical, media and transport industries. Reference index weighting is based on free float market cap and limited to 10 per cent for a single equity.
The ComStage 1 TecDAX UCITS ETF tracks the performance of the 30 largest technology companies in the Prime Standard ranking below the DAX. The companies operate primarily in Germany. The equities are selected based on market cap and order book turnover, and no single equity can account for more than 10 per cent of the index.
