A new ETF issued by iShares has been tradable on Xetra and Börse Frankfurt since Monday....
The equity index ETF enables investors to participate in the performance of US stock corporations with high market capitalisation and low volatility.
The benchmark index comprises securities from the parent index, S&P 500, selected for their minimum volatility strategy.
The ETF minimises the exchange rate risk between the US dollar and the euro.
Name: iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)
Asset class: equity index ETF
Total expense ratio: 0.25 percent
Distribution policy: accumulating
Benchmark: S&P 500 Minimum Volatility Index