11.03.2016, 08:58
Source issues first smart beta ETF from FTSE RAFI Equity Income index family in Europe on Xetra
OREANDA-NEWS. A new equity index fund from the ETF offering issued by Source has been tradable in Deutsche Börse’s XTF segment on Xetra and Börse Frankfurt since Tuesday.
Name: Source FTSE RAFI Europe Equity Income Physical UCITS ETF
Asset class: equity index ETF
ISIN: DE000A143TJ9
Total expense ratio: 0.35 percent
Distribution policy: distributing
Benchmark: FTSE RAFI Developed Europe Equity Income Index
The Source FTSE RAFI Europe Equity Income Physical UCITS ETF gives investors access in Europe to the first equity index ETF from the FTSE RAFI Equity Income index family. The reference index's strategy focuses on European companies with high and sustainable dividend income strength.
Companies are selected and weighted according to the following five fundamentals: carrying value, cashflow, operating margin, dividend yield and the total value of the company.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,133 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.
Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
Name: Source FTSE RAFI Europe Equity Income Physical UCITS ETF
Asset class: equity index ETF
ISIN: DE000A143TJ9
Total expense ratio: 0.35 percent
Distribution policy: distributing
Benchmark: FTSE RAFI Developed Europe Equity Income Index
The Source FTSE RAFI Europe Equity Income Physical UCITS ETF gives investors access in Europe to the first equity index ETF from the FTSE RAFI Equity Income index family. The reference index's strategy focuses on European companies with high and sustainable dividend income strength.
Companies are selected and weighted according to the following five fundamentals: carrying value, cashflow, operating margin, dividend yield and the total value of the company.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,133 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.
Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
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