New thematic ETF from iShares on Xetra: Access Copper Mining
New thematic ETF from iShares on Xetra: Access Copper Mining
Since Friday, a new exchange-traded fund issued by iShares has been tradable on Xetra and via the trading venue Börse Frankfurt.
The iShares Copper Miners UCITS ETF provides investors with access to a portfolio of companies from developed and emerging markets that have significant exposure to copper mining. Companies from India, Kuwait, Pakistan, and Saudi Arabia are excluded.
There are currently 35 companies in the portfolio; a company's weighting is limited to 8 per cent. The largest companies represented come from Canada, Great Britain, and Australia.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares Copper Miners UCITS ETF | Equity ETF | 0.55 per cent | accumulating | STOXX Global Copper Miners Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,082 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.