Axxion : Deutsche Börse welcomes as New ETF Issuer on Xetra First ETF from Axxion with Focus on 25 International Quality Companies
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By ETFWorld.co.uk
Arnaud Llinas, Head of ETF, Indexing & Smart Beta Amundi
Axxion’s first ETF has been tradable on Xetra and via Börse Frankfurt since Friday.
The Frankfurt UCITS ETF Modern Value offers investors a diversified exposure to 25 quality companies from various industries worldwide that have a strong ownership. These are companies with a stable and secure business model that differentiate themselves from the competition through significant competitive advantages.
When selecting the companies, fundamental key figures such as a healthy balance sheet, a consistent and above-average return on equity and a low debt ratio are taken into account. All 25 companies are equally weighted in the benchmark index.
| Name | Frankfurt UCITS-ETF Modern Value |
| Asset class | Equity ETF |
| ISIN | LU2439874319 |
| T.E.R. | 0.52% |
| Dividends | Distributing |
| Benchmark index | Frankfurter Modern Value Index |
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