Hi,
Saw these 2 new etfs recently launched in Europe ( 1 on LSE 1 on XETRA at present - have emailed to ask if LSE inclusion coming)
1. 0.07% Amundi Prime All Country World UCITS ETF (WEBG)
WEBG’s fee undercuts the Invesco FTSE All-World UCITS ETF (FWRA) which launched last year and carries a TER of 0.15%.
It also undercuts State Street Global Advisors’ (SSGA) popular SPDR MSCI ACWI IMI UCITS ETF (SPYI), which has a 0.17% fee.
WEBG physically replicates the Solactive GBS Global Markets Large & Mid Cap index of 3469 large and mid-cap companies from developed and emerging markets.
The index captures the largest 85% of the free-float market capitalisation of global equities.
Microsoft was the index’s top holding at 4.3%, followed by Apple at 3.7% and Nvidia at 3.1%, as at 12 March.
2. DWS launches Europe’s first world ex-US ETF 0.15% TER - ticker EXUS
DWS has launched Europe’s first MSCI World ex USA ETF as investors increasingly look to separate their US equity allocations. The Xtrackers MSCI World ex USA UCITS ETF (EXUS) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.15%. The ETF will list on the London Stock Exchange on Friday.
EXUS physically replicates the MSCI World ex USA index to capture large and mid-cap companies from 22 global developed markets, excluding the US.
The index is comprised of 870 constituents, covering approximately 85% of the free float-adjusted market capitalisation in each country.
Japan is the index’s highest country exposure, at 21.2%, followed by the UK at 12.9% and France at 10.8%.
The launch follows the boom of ‘Magnificent 7’ stocks, particularly Nvidia, which has led to an increasingly higher weighting in the MSCI world index, standing at 19% at the end of February.
As a result, the US currently accounts for 70% of the weighting in the index.
Saw these 2 new etfs recently launched in Europe ( 1 on LSE 1 on XETRA at present - have emailed to ask if LSE inclusion coming)
1. 0.07% Amundi Prime All Country World UCITS ETF (WEBG)
WEBG’s fee undercuts the Invesco FTSE All-World UCITS ETF (FWRA) which launched last year and carries a TER of 0.15%.
It also undercuts State Street Global Advisors’ (SSGA) popular SPDR MSCI ACWI IMI UCITS ETF (SPYI), which has a 0.17% fee.
WEBG physically replicates the Solactive GBS Global Markets Large & Mid Cap index of 3469 large and mid-cap companies from developed and emerging markets.
The index captures the largest 85% of the free-float market capitalisation of global equities.
Microsoft was the index’s top holding at 4.3%, followed by Apple at 3.7% and Nvidia at 3.1%, as at 12 March.
2. DWS launches Europe’s first world ex-US ETF 0.15% TER - ticker EXUS
DWS has launched Europe’s first MSCI World ex USA ETF as investors increasingly look to separate their US equity allocations. The Xtrackers MSCI World ex USA UCITS ETF (EXUS) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.15%. The ETF will list on the London Stock Exchange on Friday.
EXUS physically replicates the MSCI World ex USA index to capture large and mid-cap companies from 22 global developed markets, excluding the US.
The index is comprised of 870 constituents, covering approximately 85% of the free float-adjusted market capitalisation in each country.
Japan is the index’s highest country exposure, at 21.2%, followed by the UK at 12.9% and France at 10.8%.
The launch follows the boom of ‘Magnificent 7’ stocks, particularly Nvidia, which has led to an increasingly higher weighting in the MSCI world index, standing at 19% at the end of February.
As a result, the US currently accounts for 70% of the weighting in the index.
Statistics: Posted by mrbatch — Fri Mar 22, 2024 8:51 am — Replies 0 — Views 79