Overview
Description
The Deka DAX UCITS ETF is an exchange-traded fund designed to replicate the performance of the DAX Index, composed of 30 select German blue-chip stocks listed on the Frankfurt Stock Exchange. This ETF provides investors with exposure to some of Germany's largest and most established companies, covering a wide array of sectors such as automotive, pharmaceuticals, technology, and financial services. The primary function of the Deka DAX UCITS ETF is to offer a cost-efficient and accessible way for investors to gain diversified exposure to the German equity market through a single investment vehicle. As an index tracker, it aims to reflect the economic health and performance of Germany's corporate giants, often used as a benchmark for the German economy. Notably, it adheres to UCITS regulations, ensuring compliance with stringent European Union fund management standards, which prioritize investor protection and risk management. The ETF plays a significant role in global markets for investors looking to participate in European equities, offering liquidity, transparency, and ease of trade on major stock exchanges.
About
Address
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Phone
+49 69 7147652
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR