New iShares ETF on Xetra: shares worldwide with currency hedging
New iShares ETF on Xetra: shares worldwide with currency hedging
Since Friday a new Exchange Traded Fund of iShares is tradable via Xetra and Börse Frankfurt.
The iShares Core MSCI World UCITS ETF EUR Hedged (Dist) offers an investment in the global MSCI World Index, which tracks the performance of large and medium-sized companies from 23 industrial countries. Currency fluctuations of individual stocks to the euro are minimised. The reference index comprises almost 1,700 shares weighted by market capitalisation. Composition and weighting are adjusted quarterly.
Profits from dividends or similar are distributed.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Name |
iShares Core MSCI World UCITS ETF EUR Hedged (Dist) | Equity ETF | IE00BKBF6H24 | 0.30 per cent | Distributing | MSCI Daily TR Net World USD |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,447 ETFs. With this selection and an average monthly trading volume of around 13 billion euros, Xetra is the leading trading platform for ETFs in Europe.