Overview
Description
The DWS Xtrackers FTSE MIB UCITS ETF 1D is an exchange-traded fund designed to offer investors exposure to the performance of the FTSE MIB Index. This ETF's primary function is to track the top 40 most liquid and largest-capitalized stocks listed on the Italian Stock Exchange (Borsa Italiana). By investing in this ETF, investors can gain diversified access to Italian equities, encompassing a wide range of sectors such as financials, consumer goods, and utilities, among others.
The fund utilizes a replication method to mirror the performance of the index, which means it directly invests in all or a substantial portion of the securities making up the FTSE MIB. As a UCITS compliant ETF, it adheres to the stringent regulatory standards of the UCITS Directive, offering investors advantages like transparency, liquidity, and risk mitigation.
Its role in the financial market is significant for those seeking exposure to the Italian economy without the need to manage individual stock selections. By investing in this ETF, investors can participate in the overall performance of Italy's economic landscape and benefit from potential growth prospects within the Eurozone.
About
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    Instrument type
        ETF
    Country
        Austria
    MIC code
        XWBO