iShares cross-lists giant FTSE 100 ETF on Deutsche Börse

Sep 30th, 2016 | By | Category: Equities

Exchange-traded fund provider iShares has cross-listed the iShares Core FTSE 100 UCITS ETF on Deutsche Börse‘s Xetra and Frankfurt exchanges (Ticker: IUSZ). The ETF gives investors access to the performance of the FTSE 100 Index, the flagship reference for large-cap blue-chip stocks listed on the London Stock Exchange.

iShares cross-lists Core FTSE 100 UCITS ETF on Deutsche Börse

The FTSE 100 Index is the UK’s premier reference for large-cap equity performance. The index tracks the top 100 firms by market capitalisation listed on the London Stock Exchange.

The index represents the market cap-weighted performance of the 100 largest stocks listed in the UK. As of 28 September 2016 the largest sector exposures of the index were consumer staples (19.9%), financials (18.4%), energy (12.9%), health care (11.7%) and consumer discretionary (9.1%), and the largest holdings are HSBC (6.4%), British American Tobacco (5.2%), BP (4.6%), GlaxoSmithKline (4.5%) and Royal Dutch Shell (4.4%).

The index is up 9.7% year-to-date.

The ETF has over £4.1bn in assets under management (AUM), making it the largest ETF to track the FTSE 100 Index. It is currently listed on the London Stock Exchange in pounds sterling (Ticker: ISF), as well as on the Euronext Amsterdam and Borsa Italiana in euros, and on SIX Swiss Exchange in Swiss francs.

With a total expense ratio (TER) of 0.07%, the ETF is also one of the cheapest means of accessing FTSE 100 exposure in Europe.

Other notable ETFs linked to the index include the Vanguard FTSE 100 UCITS ETF (LON: VUKE), which holds over £2.3bn in AUM and has a TER of 0.09%; and the Lyxor FTSE 100 UCITS ETF (L100), holding over £600m in AUM and charging a TER of 0.15%.

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