OREANDA-NEWS. A new equity index fund issued by Ossiam has been tradable in Deutsche Börse’s XTF segment via Xetra and Börse Frankfurt since Thursday, 28 January.

ETF name: Ossiam Japan Minimum Variance NR - UCITS ETF 1C (EUR)
Asset class: equity index ETF
ISIN: LU1254453738
Total expense ratio: 0.65 percent
Distribution policy: accumulating
Benchmark: Japan Minimum Variance Index NR

The new Ossiam ETF enables investors to participate in the performance of at least 50 of the140 most liquid Japanese stock corporations. Companies from the reference index are selected with the aim of minimising expected volatility. The stocks are chosen on the basis of historical volatility as well as their correlation level, and weighted according to an optimisation process. No single stock may be represented in the index by more than 4.5 percent. Individual sectors are not allowed to exceed 20 percent.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,125 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.

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