ETF Securities Launches Three New Equity Index ETFs and a New Commodity ETF on Xetra

Since Thursday, three new equity index funds and a new commodity index fund launched by ETF Securities have been tradable in Deutsche Börse’s XTF segment.

The three new equity index ETFs offer investors the opportunity to participate for the first time in the performance of the DAXglobal Coal, Shipping, and Steel (TR) USD indices.

Deutsche Börse’s DAXglobal index family tracks not only international equity markets, but also global subject areas and sectors, with each of the indices tailored to a specific investment area. In November 2009, Deutsche Börse extended its DAXglobal international index family further with indices such as DAXglobal Coal, DAXglobal Shipping and DAXglobal Steel.  

These indices contain between 20 and 35 companies that generate at least 50 percent of their revenues in their given sector. The market capitalization of the index members must be at least US$500 million, and their average daily exchange turnover over the last three months must amount to US$2 million. The stocks have a maximum weighting of 15 percent in the index. The index composition is reviewed twice a year.

The DAXglobal Coal index tracks the largest companies in the coal sector and offers easy access to the international coal industry. The DAXglobal Shipping index is comprised of global companies that operate in the freight and shipbuilding sectors. The DAXglobal Steel index tracks the largest companies in the steel sector that generate at least 50 percent of their business from metal ore mines or steel production.

In addition, the new commodity ETF allows investors to participate for the first time in the performance of the Dow Jones-UBS Commodity 3 Month Forward Total Return Index. This index tracks the performance of 3-month futures and encompasses all commodity classes.

The product offering in Deutsche Börse’s XTF segment currently contains a total of 655 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €13 billion, makes Xetra Europe’s leading trading venue for ETFs.

The new products with the corresponding ISIN, investment focus and total expense ratio are listed in the table attached to this message.


DAXglobal®, Xetra® and XTF® are registered trademarks of Deutsche Börse AG.