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ETFs

ComStage MDAX ETF launches on Xetra

Fri, 28/03/2014 - 16:00

A new equity index exchange-traded fund issued by ComStage – the ComStage MDAX TR UCITS ETF – has begun trading on Xetra.

The new ETF enables investors to participate in the performance of the MDAX benchmark index.
 
This performance index calculated by Deutsche Börse contains 50 medium-sized German stock corporations, as well as foreign companies from traditional industrial sectors operating primarily in Germany.
 
These companies come in behind the 30 DAX stocks in terms of market capitalisation and exchange turnover. The index tracks the performance of medium-sized industrial stocks (mid caps).
 
Deutsche Börse’s XTF segment product range currently comprises a total of 1,015 exchange-traded funds.


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