New VanEck ETF on Xetra: US semiconductor companies
New VanEck ETF on Xetra: US semiconductor companies
Since Thursday, a new exchange traded fund issued by VanEck Vectors has been tradable on Xetra and Börse Frankfurt.
With the VanEck Vectors Semiconductor UCITS ETF - USD Acc, investors can make targeted investments in semiconductor companies listed on US stock exchanges. In addition to manufacturers, suppliers who generate at least 50 per cent of their sales with semiconductors are also considered. The index always includes at least 25 stocks selected on the basis of their market capitalisation and average trading volume over the last three months. The weighting of a stock is limited to a maximum of ten per cent. Any dividend income is reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
VanEck Vectors Semiconductor UCITS ETF - USD Acc | Equity ETF | IE00BMC38736 | 0.35 per cent | Accumulating | MVIS US Semiconductor 10% Capped Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,605 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.