New Credit Suisse Equity Index ETF Launched on Xetra
Deutsche Börse: Since Wednesday, a new exchange-traded equity index fund from the issuer Credit Suisse Fund Management S.A. has been tradable in Deutsche Börse’s XTF segment.
ETF name: CS ETF (Lux) on MSCI EMU Mid Cap
Asset class: equity index ETF
Total expense ratio: 0.54 percent p.a.
Distribution policy: distributing
Benchmark: MSCI EMU Mid Cap
The CS ETF (Lux) on MSCI EMU Mid Cap enables investors to track the performance of the MSCI EMU Mid Cap Index. The index comprises a total of 150 mid-cap companies from the following eleven euro-area countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain.
The product offering in Deutsche Börse’s XTF segment currently contains a total of 680 exchange-listed ETFs, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around 14 billion euros, makes Xetra Europe’s leading trading venue for ETFs.
Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
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