Overview
Description
The Amundi Dow Jones Industrial Average UCITS ETF - Dist is an exchange-traded fund designed to closely track the performance of the Dow Jones Industrial Average (DJIA). As a UCITS-compliant fund, it adheres to EU regulations, providing transparency and a high degree of investor protection. The primary function of this ETF is to offer investors a diversified exposure to 30 significant, publicly-owned companies listed on stock exchanges in the United States, which are included in the DJIA. These companies are leaders in their respective industries, covering a wide array of sectors including technology, finance, healthcare, and consumer goods.
The fund's role in the financial market is notable for its representation of a market index that is often viewed as an indicator of the overall economic health and market sentiment in the United States. The distribution feature of this ETF ensures that dividends from the underlying stocks are paid out to investors on a regular basis, making it attractive for those seeking income and long-term growth through reputable, high-cap companies. This ETF provides an efficient and cost-effective means for investors to gain passive, diversified exposure to one of the world's most recognized stock market indices.
About
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XDUS