Xtrackers has launched the Xtrackers MSCI World ex USA UCITS ETF on Xetra, designed to provide European investors with access to the MSCI World ex USA Index. The ETF portfolio consists of 870 large and mid-cap companies from 22 out of 23 developed countries, excluding the US.
Xetra writes that it offers a diversified investment in different industries and covers 85 per cent of the market capitalisation of each country. The most represented regions are Japan, the United Kingdom, Canada, France, and Switzerland.
