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Stock impact report

Invesco Debuts European Equal Weight ETF as Popularity Grows [Yahoo! Finance]

DEUTSCHE BOERSE UNSP/ADR (DBOEY) 
NASDAQ:AMEX Investor Relations: deutsche-boerse.com/dbg-en/investor-relations
Company Research Source: Yahoo! Finance
The Invesco MSCI Europe Equal Weight UCITS ETF (MEEQ) is listed on Deutsche Borse, Euronext Milan and SIX Swiss Exchange with a total expense ratio of 0.2%. It tracks the MSCI Europe Equal Weighted index, which offers exposure to large- and mid-cap stocks across Europe and weights all constituents equally at each rebalance date. Although it is not the first European equal weight ETF—the $60 million VanEck European Equal Weight Screened UCITS ETF (TEET) came to market in 2014—it is the first to track the MSCI Europe Equal Weighted index. Equal Weight ETFs in Focus The launch comes in the wake of strong European equity performance this year, and the continent has seen an uptick in demand with eurozone and Europe equity ETFs drawing in €2.6 billion of combined inflows in January. Although not as concentrated as U.S. equities, the top-10 holdings of the parent MSCI Europe index comprise more than 20% of its weight, so MEEQ represents an alternative for investors worried about c Show less Read more
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