New equity ETFs from SPDR on Xetra: access to information technology and healthcare companies worldwide
New equity ETFs from SPDR on Xetra: access to information technology and healthcare companies worldwide
Since Monday, two new exchange-traded funds issued by State Street Global Advisors have been tradable on Xetra and via the trading venue Börse Frankfurt.
The two ETFs give investors access to large and mid-cap companies from developed countries around the world that are either in information technology or healthcare. The maximum weighting of one issuer is 35 per cent and all other companies 20 per cent.
The SPDR MSCI World Technology UCITS ETF invests in information technology companies, which include hardware, storage and peripherals, systems software and semiconductors, and are the most represented at over 20 per cent each.
The SPDR MSCI World Health Care UCITS ETF focuses on healthcare companies. The most strongly represented business areas include pharmaceuticals, healthcare equipment, biotechnology and managed health care.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR MSCI World Technology UCITS ETF | Equity ETF | 0.30 per cent | accumulating | MSCI World Information Technology 35/20 Capped Index | |
SPDR MSCI World Health care UCITS ETF | Equity ETF | 0.30 per cent | accumulating | MSCI World Health Care 35/20 Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,126 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.