The Dow Jones STOXX EU Enlarged 15SMEX has opened a very attractive stock market segment for ETF investors. The ETF, based on the benchmark index of …
STOXX Ltd. represents the 15 most successful Blue Chips of the new EU member countries (since 1 May 2004).
Since the beginning of the index calculation in 2002, the annual performance was about 37%.
"The new EU-members are still at a low level of committing the advantages of the European
membership. So they have much more potential to grow up", says Götz Kirchhoff (CIO of INDEXCHANGE) relating to investment chances.
The Dow Jones STOXX EU Enlarged 15SMEX is the first ETF within this promising market segment.
Due to the market capitalisation (an important index criteria) equities of Hungary, Poland, Czech Republic and Slovenia are represented in the ETF. "As a result of the good cooperation
with STOXX Limited we can offer this fund with a management fee of only 0.5 % per year. "That is quite a competitive price for an Eastern European investment", Mr. Kirchhoff says.
Since the beginning of the index calculation in 2002, the annual performance was about 37%.
"The new EU-members are still at a low level of committing the advantages of the European
membership. So they have much more potential to grow up", says Götz Kirchhoff (CIO of INDEXCHANGE) relating to investment chances.
The Dow Jones STOXX EU Enlarged 15SMEX is the first ETF within this promising market segment.
Due to the market capitalisation (an important index criteria) equities of Hungary, Poland, Czech Republic and Slovenia are represented in the ETF. "As a result of the good cooperation
with STOXX Limited we can offer this fund with a management fee of only 0.5 % per year. "That is quite a competitive price for an Eastern European investment", Mr. Kirchhoff says.
Comparing the performance of the Dow Jones STOXX EU Enlarged Index (reduced by TER of
the ETF) with the performance of actively managed funds within this segment, an ETF investment would have been significantly better.
Fonte: Indexchange
