New First Trust-ETF on Xetra: eurozone shares
New First Trust-ETF on Xetra: eurozone shares
Since Friday, a new Exchange Traded Fund of First Trust is tradable via Xetra and Börse Frankfurt.
The First Trust ETF - First Trust Eurozone AlphaDEX UCITS ETF offers an investment in the performance of companies from eurozone countries. The benchmark index is the NASDAQ AlphaDEX Eurozone Index: a balanced index with the aim of achieving a higher return than the classic NASDAQ Eurozone Index through a rule-based selection methodology. The weighting of the benchmark index takes into account asset and growth factors as well as size factors.
The earnings of the equity ETF are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
First Trust Eurozone AlphaDEX UCITS ETF | Equity ETF | DE000A2PBZX9 | 0.75 per cent | Accumulating | NASDAQ AlphaDEX Eurozone Index |
The product range in Deutsche Börse's XTF segment currently comprises 1,412 ETFs. With this selection and an average monthly trading volume of around EUR 13 billion, Xetra is the leading trading platform for ETFs in Europe.