EXID

4.19500 EUR
0.005
0.12%
Last update Dec 12, 7:46 PM CET
Market closed
Day range
4.19100
4.23500
Previous close
4.19000
Open
4.20250
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iShares MDAX UCITS ETF (DE) EUR (Dist)
4.20
0.00
0.12%

Overview

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Description

iShares MDAX UCITS ETF (DE) EUR (Dist) is an equity exchange-traded fund designed to replicate the performance of the MDAX index, which consists of 50 mid-cap German companies listed on the Prime Standard segment of the Frankfurt Stock Exchange. Managed by iShares, the ETF provides targeted exposure to the mid-cap sector of Germany’s equity market, capturing industries such as industrials, consumer goods, healthcare, and technology—all representing the dynamic and diverse drivers of Germany’s economy. The fund employs physical, full replication, meaning it directly purchases the actual index constituents, and is structured under UCITS regulations, offering robust investor protections and regulatory compliance. Dividends generated by the underlying companies are distributed quarterly to holders of the ETF, making it suitable for those seeking regular income from shareholdings. With assets under management of approximately 66 million euros, it serves as a focused vehicle for investors looking to access the growth and innovation potential of Germany's leading mid-sized firms, complementing broader German market investment strategies and facilitating portfolio diversification within European equities.

About

Address
Phone
+33 (0) 01 70 91 85 50
Website
Instrument type
ETF
Country
Germany
MIC code
XDUS
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