DWS lists five Xtrackers ETFs to the LSE

DWS Xtrackers has listed five Exchange Traded Fund (ETF) to the LSE (London Stock Exchange)

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By ETFWorld.co.uk

Simon Klein, Global Head of Passive Sales at DWS

Xtrackers S&P 500 Equal Weight UCITS ETF

The fund is passively managed. The aim is for your investment to reflect the performance, before fees and expenses, of the S&P 500® Equal Weight Index which 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 certain eligible US exchanges. 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. To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying all or a substantial number of the securities in the index.

Xtrackers MSCI USA Swap UCITS ETF

The fund is passively managed. The aim is for your investment to reflect the performance of the MSCI Total Return Net USA Index which is designed to reflect the performance of the listed shares of certain companies from the USA. The companies making up the index are large and medium sized companies based on the combined value of a company’s readily available shares as compared to other companies. A company’s weighting on the index depends on its relative size. 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 at least quarterly. To achieve the aim, the fund will invest in transferable securities and enter into financial contracts (derivatives) with one or more swap counterparties relating to the transferable securities and the net or gross total return version of the index (swap index), in order to obtain the return on the swap index.

Xtrackers MSCI Japan UCITS ETF

The fund is passively managed. The aim is for your investment to reflect the performance of the MSCI Total Return Net Japan Index which is designed to reflect the performance of the listed shares of certain companies from Japan. The companies making up the index are large and medium sized companies based on the combined value of a company’s readily available shares as compared to other companies. A company’s weighting on the index depends on its relative size. 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 at least quarterly. To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying all or a substantial number of the securities in the index.

The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of financial contracts (derivatives).

Source: ETFWorld.co.uk