New on Xetra: Equity ETF from First Trust offers access to the aerospace and defence sectors
New on Xetra: Equity ETF from First Trust offers access to the aerospace and defence sectors
Since Friday, a new exchange-traded fund issued by First Trust has been tradable via Xetra and Börse Frankfurt.
The First Trust Indxx Global Aerospace & Defence UCITS ETF offers investors direct exposure to around 50 companies in the aerospace and defence sector. The selected companies must carry out their main business activities in one of the following sub-sectors: Advanced Aerospace and Defense (hypersonics, directional energy, space technologies, unmanned aerial vehicles/advanced air mobility, autonomous systems, cybersecurity and C5ISR systems) and traditional aerospace and defense (production of building materials, electronics and telecommunications equipment for aircraft construction).
Among others, the following companies are represented: Rheinmetall AG, Airbus SE, The Boeing Company, Howmet Aerospace and Rolls-Royce Holdings.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
First Trust Indxx Global Aerospace & Defence UCITS ETF | Equity ETF | 0.65 per cent | accumulating | Indxx Global Aerospace & Defense 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 €16 billion, Xetra is the leading trading venue for ETFs in Europe.