Source has released an ETF tracking the Dow Jones Euro Stoxx 50 index on the Xetra segment of the Deutsche Boerse.
The Dow Jones Euro Stoxx 50 Source ETF has an annual management fee of 0.15% and distributes returns generated by the fund semi-annually.
The underlying Dow Jones Euro Stoxx 50 index comprises 50 Eurozone stocks selected by market capitalisation, trading volume and industry.
Source launched an ETF tracking a total return version of the index in April, which reinvests earnings back into the index. The latest fund allows investors to have either automatic dividend reinvestment or distribution.
Deutsche Boerse's XTF segment, the exchange's ETF trading platform, has 540 exchange-listed funds and an average monthly trading volume of around €11bn.
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected