DWS : New Xtrackers ETF on Xetra: access to 500 largest US companies with currency hedging
Simon Klein, DWS’s Global Head of Passive Sales
A new exchange-traded fund issued by Xtrackers has been tradable on Xetra and Börse Frankfurt since Tuesday.
With the Xtrackers S&P 500 Swap UCITS ETF 5C – EUR Hedged, investors have access to the 500 largest listed US companies. The S&P 500 Index represents the most important industries and is considered an indicator for the development of the entire U.S. stock market.
In this accumulating, swap-based share class with annual ongoing charges of 0.20 per cent, currency risks against the euro are minimised.
| Name | Xtrackers S&P 500 Swap UCITS ETF 5C – EUR Hedged |
| Asset class | Equity ETF |
| ISIN | LU2196472984 |
| On-going charges | 0.20 per cent |
| Distribution policy | Accumulating |
| Reference index | S&P 500 Index |
Source: ETFWorld.co.uk
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