BlackRock cross-lists iShares US equity sector ETFs on Xetra

Mar 23rd, 2017 | By | Category: Equities

BlackRock has cross-listed four iShares US equity sector ETFs on Deutsche Börse’s Xetra and Frankfurt Exchanges. The funds, launched earlier this week on London Stock Exchange, provide access to the consumer staples, industrials, materials and utilities sectors.

BlackRock cross-lists iShares US equity sector ETFs on Xetra

The new ETFs will target S&P 500 constituents in the consumer staples, industrials, materials and utility sectors.

The four new iShares ETFs enable investors to invest in companies within the S&P 500 from different sectors as defined by the Global Industry Classification Standard (GICS).

The iShares S&P 500 Consumer Staples Sector UCITS ETF tracks the S&P 500 Consumer Staples 35/20 Index.

The iShares S&P 500 Industrials Sector UCITS ETF tracks the S&P 500 Industrials Capped 35/20 Index.

The iShares S&P 500 Materials Sector UCITS ETF tracks the S&P 500 Materials Capped 35/20 Index.

The iShares S&P 500 Utilities Sector UCITS ETF tracks the S&P 500 Utilities Capped 35/20 Index.

Each ETF has a total expense ratio of 0.15%.

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