News Column

Germany : Four new Source ETFs launched in the XTF segment on Xetra

September 2, 2014



Two new active ETFs and two new equity index ETFs issued by Source have been tradable in the XTF segment on Xetra since Monday.

ETF name: Source Man GLG Asia Plus ETF, Asset class: active ETF equities, ISIN: DE000A119M18, Total expense ratio: 0.95 percent, Distribution policy: non-distributing

ETF name: Source Man GLG Continental Europe Plus ETF, Asset class: active ETF equities, ISIN: DE000A119PG3, Total expense ratio: 0.75 percent, Distribution policy: non-distributing.

The Source Man GLG Asia Plus ETF and Source Man GLG Continental Europe Plus ETF enable investors to participate in the strategy approach of GLG Partners. The assessments of around 65 brokers form the foundation of the rule-based strategy. The objective is to develop a liquid and widely diversified long-only equity portfolio with the potential for generating higher returns. Investors can choose between stock corporations from Asia, Australia and New Zealand, or the continental Europe region. Stock corporations from Japan are not included.

ETF name: Source Morningstar US Energy Infrastructure MPL UCITS ETF (A), Asset class: equities, ISIN: DE000A119M34, Total expense ratio: 0.50 percent, Distribution policy: non-distributing.

ETF name: Source Morningstar US Energy Infrastructure MPL UCITS ETF (B), Asset class: equities, ISIN: DE000A119M42, Total expense ratio: 0.50 percent, Distribution policy: distributing.

The two Source Morningstar US Energy Infrastructure MPL UCITS ETFs enable investors to participate in the performance of US energy companies. Both ETFs are based on companies with the legal form of master limited partnerships (MLP), although their distribution policies differ. The reference index covers 97 percent of market capitalisation of all energy MLPs traded in the USA.

Deutsche BÖrse s XTF segment product range currently comprises a total of 1,032 exchange traded funds. This selection, together with an average monthly trading volume of around 10 billion, makes Xetra Europe s leading trading venue for ETFs.


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Source: TendersInfo (India)


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