New on Xetra: State Street equity ETF with access to smaller companies from developed countries worldwide
New on Xetra: State Street equity ETF with access to smaller companies from developed countries worldwide
Since Tuesday, a new exchange-traded fund from State Street Global Advisors has been tradable via Xetra and Börse Frankfurt.
The SPDR MSCI World Small Cap UCITSETF offers investors access to a broadly diversified portfolio of smaller companies from developed markets worldwide. The reference index is the MSCI World Small Cap Index, which contains 4,000 stocks covering around 14 per cent of each country's market capitalisation. The fund covers all traditional sectors, with industrial and financial companies being the most represented, followed by consumer discretionary, IT and healthcare.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
SPDR MSCI World Small Cap UCITS ETF (Dist) | Equity ETF | 0.45 per cent | distributing | MSCI World Small Cap Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,389 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.