Overview
Description
The Invesco MDAX UCITS ETF Acc is an equity exchange-traded fund designed to mirror the performance of the MDAX® index, which is composed of 50 large and liquid mid-cap companies listed in Germany’s Prime Standard segment. Its primary function is to provide broad, diversified exposure to the German mid-cap sector, making it a representative instrument for investors seeking to participate in the economic development of German companies positioned between the large DAX blue chips and smaller indices. This ETF employs a physical, optimized sampling replication strategy, meaning it holds a representative selection of the index’s components to balance cost-efficiency with tracking accuracy.
Key features include an accumulating dividend policy, where generated dividends are reinvested into the ETF rather than distributed, aiding in the compounding of returns over time. The fund maintains a competitive total expense ratio of 0.19% per annum, making it one of the most cost-effective ways to access the MDAX® index. Its portfolio is heavily weighted toward the industrials, telecommunication, and materials sectors, with approximately 90% allocation to German companies, thereby closely tracking mid-cap dynamics in Europe’s largest economy. This ETF is notable for its significant assets under management and plays a vital role in portfolios focused on regional or sector-specific equities within European markets.
About
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Website
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Instrument type
ETF
Country
Switzerland
MIC code
XSWX