New iShares ETF on Xetra: Exclusive access to emerging Gulf States region
New iShares ETF on Xetra: Exclusive access to emerging Gulf States region
A new iShares Exchange Traded Fund has been available for trading on Xetra and Börse Frankfurt since Tuesday.
The iShares MSCI Saudi Arabia Capped UCITS ETF (Acc) offers investors access to large to mid cap Saudi Arabian equities. This fully replicating ETF is based on the MSCI Saudi Arabia 20/35 index, which ensures a diversified index composition through a maximum share weighting of up to 35 per cent for the largest issuer and up to 20 per cent for the other issuers. The investment product is tradable as an accumulating share class.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares MSCI Saudi Arabia Capped UCITS ETF (Acc) | Equity ETF | IE00BYYR0489 | 0.60 per cent | Accumulating | MSCI Saudi Arabia 20/35 Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,420 ETFs. With this selection and an average monthly trading volume of around 13 billion euros, Xetra is the leading trading platform for ETFs in Europe.