DWS Xtrackers : A new Equity ETF on London Stock Exhange
By ETFWorld.co.uk
The investment objective of the Xtrackers S&P 500 Equal Weight UCITS ETF 1D is to track the performance before fees and expenses of the Underlying Asset, which is the S&P 500® Equal Weight Index.
The Reference Index is designed to measure the performance of the companies in the S&P 500 Index with each company in the Reference Index being allocated a fixed weight of 0.20%.
The Reference Index contains shares of large public companies traded on the New York Stock Exchange Euronext or the NASDAQ OMX Markets.
The S&P 500® Equal Weight Index is designed to measure the performance of the companies in the S&P 500 Index with each company in the Index being allocated a fixed weight of 0.20%.
The Index contains shares of large public companies traded on the New York Stock Exchange Euronext or the NASDAQ OMX markets.
The shares comprising the S&P 500 Index are weighted according to the total market value of their outstanding shares (capitalisation weighted).
The Index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax.
The Index is reviewed and rebalanced on a quarterly basis, to coincide with the readjustments of the S&P 500 Index, and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions.
| Name | Xtrackers S&P 500 Equal Weight UCITS ETF 1D |
| ISIN | IE000N5GJDD7 |
| Sedol | BMQ7FJ2 |
| On-going charges | 0.25 per cent |
| Currency | GBP |
| Reference index | S&P 500® Equal Weight Index |
Source: ETFWorld.co.uk
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