New equity ETF from Invesco on Xetra: access to equity-weighted companies in industrialised countries worldwide
New equity ETF from Invesco on Xetra: access to equity-weighted companies in industrialised countries worldwide
A new exchange-traded fund from Invesco has been tradable on Xetra and Börse Frankfurt since Thursday.
The Invesco MSCI World Equal Weight UCITS ETF tracks the performance of the MSCI World Equal Weight Index. The index provides investors with access to a broadly diversified equity market in developed countries in which all companies are equally weighted. This means that not only large-cap companies dominate, but also medium-sized and smaller companies have an equal impact on performance.
The share class is accumulating, i.e. dividend income is reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Invesco MSCI World Equal Weight UCITS ETF (Acc) | Equity ETF | 0.20 per cent | accumulating |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,231 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.