AXA IM : New Equity ETF on Xetra: investment in the 100 largest companies of the Nasdaq equity market excluding the financial sector
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Marco Morelli, Executive Chairman of AXA IM
A new exchange-traded fund issued by AXA Investment Managers has been tradable on Xetra and via Börse Frankfurt since Tuesday.
AXA IM NASDAQ 100 UCITS ETF USD Acc is passively managed and invests in the 100 largest national and international companies of the Nasdaq equity market by market capitalisation. The sectors currently included in the index are consumer discretionary, healthcare, materials, industrials, technology, telecoms, utilities, and consumer discretionary. The index does not include companies in the financial sector.
The ETF is set up as an accumulating variant and can be traded in USD.
| Name | AXA IM NASDAQ 100 UCITS ETF USD Acc |
| Asset class | Equity ETF |
| ISIN | IE000QDFFK00 |
| Ongoing charges | 0.14 per cent |
| Distribution policy | Accumulating |
| Reference index | NASDAQ-100 Index |
Source : ETFWorld.co.uk
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