UBS has released two ETFs tracking MSCI country and regional indices on the Xetra platform of the Deutsche Boerse.
The UBS ETF MSCI Canada fund is based on the MSCI Canada index, comprising companies which represent 85% of market capitalisation in the country.
The UBS ETF MSCI EMU fund replicates the MSCI European Economic and Monetary Union index.
The underlying EMU index tracks the performance of equity markets in this region, including Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain.
The funds have management fees of 0.28% and 0.18% respectively.
A total of 549 exchange-listed index funds are offered on the Deutsche Boerse's XTF segment for trading on Xetra.
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