Deutsche Bank has unveiled a new db x-trackers equity index fund, Mondovisione reports. The db x-trackers S&P 500 (EUR) ETF will be traded on the Xetra trading platform. The new vehicle will track the performance of the S&P 500 Total Return Net Index. The fund will be hedged against exchange rate fluctuations between the euro and the U.S. dollar.
Click here for the story from Mondovisione.