New on Xetra: equity ETF from First Trust offers access to the semiconductor industry worldwide
New on Xetra: equity ETF from First Trust offers access to the semiconductor industry worldwide
Since Friday, a new exchange-traded fund issued by First Trust has been tradable via Xetra and Börse Frankfurt.
The First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF invests in companies in the semiconductor industry. The focus is on companies in the manufacturing segment and from high-growth end markets. The manufacturing segment includes companies that manufacture equipment and components, supply raw materials, or provide foundry services to the semiconductor industry. High-growth end markets include companies that develop chips for the automotive, industrial, and computer industries.
The three largest holdings are Taiwan Semiconductor Manufacturing (10.92 per cent), NVIDIA (10.79 per cent) and ASML Holding (8.65 per cent).
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF | Equity ETF | 0.60 per cent | accumulating | Bloomberg Global Semiconductor Supply Chain Select Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,316 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.