Deutsche Börse welcomes American Century as a new ETF issuer on Xetra
Deutsche Börse welcomes American Century as a new ETF issuer on Xetra Access to two Active ETFs focussing on companies from industrialised countries
Since Tuesday, two new Active Exchange Traded Funds from Avantis Investors, part of American Century Investments, are tradable on Xetra and Börse Frankfurt.
The Avantis Global Equity UCITS ETF invests in large, mid and small capitalisation companies from industrialised countries in order to achieve long-term capital growth. The investment management pursues an active investment strategy and invests primarily in equities (ordinary and preference shares) and equity-related securities.
The Avantis Global Small Cap Value UCITS ETF also pursues an active investment strategy and focuses on companies from industrialised countries with a small market capitalisation. The fund intends to invest up to 70 per cent of its assets in US companies and at least 30 per cent in securities of issuers domiciled in other industrialised countries.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Avantis Global Equity UCITS ETF USD Acc | Active Equity ETF | 0.22 per cent | accumulating | |
Avantis Global Small Cap Value UCITS ETF USD Acc | Active Equity ETF | 0.39 per cent | accumulating |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,243 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.