Overview
Description
Deka DB EuroGov Germany Money Market Fund is a type of mutual fund predominantly focused on short-term debt securities. Its primary function is to provide investors with a safe and liquid parking ground for their capital while offering returns slightly above traditional savings accounts. The fund invests mainly in high-quality government securities issued by Germany and other eurozone countries, thus maintaining a conservative investment approach.
Key features of the Deka DB EuroGov Germany Money Market Fund include its emphasis on creditworthiness and minimal interest rate risk, appealing to investors with low-risk tolerance. It plays a critical role in the financial markets by offering a low-risk investment vehicle that contributes to financial stability and efficient allocation of short-term capital.
With its strong focus on liquidity and security, the fund acts as a vital component within the broader money market ecosystem, assisting both individual and institutional investors in managing cash flows and optimizing liquidity management strategies, particularly in volatile market conditions.
About
Address
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Phone
+49 69 7147652
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR