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New Source ETF launched on Xetra

Release date: Apr 14, 2011

An additional equity index fund issued by Source has been tradable on Xetra since Thursday.

ETF Name: EURO STOXX Optimised Banks Source ETF

Asset class: equity index ETF

ISIN: IE00B3Q19T94

Total expense ratio: 0.30 percent

Distribution policy: non-distributing

Benchmark: EURO STOXX Optimised Banks EUR Net Return Index

The EURO STOXX Optimised Banks Source ETF enables investors to participate for the first time in the performance of the EURO STOXX Optimised Banks EUR Net Return Index. This index is a subset of the EURO STOXX Index, and follows the same methodology as the STOXX Optimised Index family. These indices take into account factors such as trading liquidity and securities lending, in their equity selection and weighting.

The product offering in Xetra’s XTF segment currently comprises 789 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €13 billion, Deutsche Börse’s XTF segment is the leading trading venue for ETFs in Europe.


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

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