Overview
Description
Deka DAX Ausschüttend UCITS ETF is an exchange-traded fund designed to replicate the performance of the DAX index, encompassing the 30 largest and most liquid companies listed on the Frankfurt Stock Exchange. The primary function of this ETF is to provide investors with an accessible and efficient way to invest in a broad range of German blue-chip stocks. Noteworthy for its distribution policy, the ETF regularly pays out dividends to investors, reflecting the income generated by the underlying portfolio.
The ETF covers various sectors, including finance, automotive, healthcare, and technology, thus offering diversified exposure to the German economy's key industries. As a UCITS-compliant fund, it adheres to stringent European Union regulations, ensuring a high level of investor protection and liquidity. With Deka as its sponsor, known for its reputable management and deep market knowledge, this ETF plays a crucial role in providing liquidity and flexibility to investors seeking to allocate capital in the German equity market while benefiting from the periodic dividend distributions.
About
Address
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Phone
+49 69 7147652
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR