New equity ETF by Invesco on Xetra: access to the 100 biggest Nasdaq companies with equal weighting
New equity ETF by Invesco on Xetra: access to the 100 biggest Nasdaq companies with equal weighting
Since Thursday, a new Exchange Traded Fund by Invesco is tradable on Xetra and via the Börse Frankfurt trading venue.
With the Invesco NASDAQ-100 Equal Weight UCITS ETF, investors can invest in the 100 biggest international companies by market capitalisation listed at the US stock exchange NASDAQ.
Major industry groups included are computer hardware and software, telecommunications, retail and wholesale trade as well as biotechnology companies. Companies from the financial sector are excluded from the fund. Every asset in the portfolio is equally weighted on a quarterly basis.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Invesco NASDAQ-100 Equal Weight UCITS ETF | Equity ETF | 0.20 percent | accumulating | NASDAQ-100 Equal Weighted Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,043 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.