A new active ETF issued by Commerz Funds Solutions S.A., a Commerzbank Group management company, has been tradable on Xetra and Börse Frankfurt since Friday.
ETF name: ComStage Alpha Dividende Plus UCITS ETF
Asset class: equity index ETF
ISIN: DE000ETF7508
Total expense ratio: 0.68 percent
Distribution policy: distributing
The ComStage Alpha Dividende Plus UCITS ETF gives investors access to primarily European and US high-dividend-yield companies included in customary stock market indices, such as the DAX, STOXX Europe 600 or S&P 500. A quantitative model is employed that picks stocks according to the following criteria: sufficient daily trading volume, high momentum, low price to earnings ratio and high profit growth. The equities selected on this basis are then further narrowed down by applying the low volatility and high dividend criteria set.
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,138 exchange traded funds. This selection, together with an average monthly trading volume of around €15 billion, makes Xetra Europe's leading trading venue for ETFs.
DAX®, Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
Media contact:
Andreas von Brevern/Patrick Kalbhenn
Phone: +49 (0)69 211 115 00
media-relations@deutsche-boerse.com

Deutsche Börse AG published this content on 29 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 July 2016 08:17:05 UTC.

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