New on Xetra: Equity ETF from Amundi with broadly diversified exposure to the Japanese equity market and currency hedging against the US dollar
New on Xetra: Equity ETF from Amundi with broadly diversified exposure to the Japanese equity market and currency hedging against the US dollar
Since Thursday, a new exchange-traded fund issued by Amundi Asset Management has been tradable on Xetra and Börse Frankfurt.
The Amundi MSCI Japan UCITS ETF USD Hedged Acc tracks the performance of the MSCI Japan Index. This gives investors direct access to a broadly diversified portfolio of Japanese companies. The benchmark index currently consists of 191 Japanese companies and reflects approximately 85 per cent of the market capitalisation of the Japanese equity market. The most heavily weighted companies include Hitachi, Mitsubishi, Sony and Toyota.
This is a US dollar share class that is currency-hedged to the Japanese yen. Income is reinvested.
Name | Asset class | ISIN | Trading currency | Fees | Reference index |
Amundi MSCI Japan UCITS ETF USD Hedged Acc | Equity ETF | USD | 0.14 per cent | MSCI Japan Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,330 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.