Overview
Description
Xtrackers DAX UCITS ETF is an exchange-traded fund designed to provide investors with broad exposure to the German stock market. The fund aims to track the performance of the DAX Index, which includes 30 major German companies listed on the Frankfurt Stock Exchange. The ETF offers investors a diversified portfolio through passive management, as it replicates the index's composition. It is structured as a UCITS compliant fund, ensuring it adheres to specific regulatory standards in Europe aimed at investor protection and fund transparency. The Xtrackers DAX UCITS ETF plays a significant role in financial markets by enabling investors to gain international exposure to Germany's largest corporations, spanning various sectors like automotive, chemical, and financial industries. It offers a practical solution for investors looking to diversify their portfolios internationally while focusing on Europe's largest economy.
About
Address
—
Phone
2203-8888
Website
—
Instrument type
ETF
Country
Germany
MIC code
XETR