Overview
Description
The Invesco MDAX UCITS ETF is an exchange-traded fund designed to track the performance of the MDAX index, which focuses on 50 German mid-cap companies. Its primary function is to provide investors with exposure to the mid-cap segment of the German stock market, offering a diversified investment opportunity across various sectors. The fund uses an optimized sampling replication method, meaning it invests in a selection of the most relevant index constituents, allowing it to closely mirror the index's performance. With accumulating dividends, the fund reinvests dividends to maximize long-term growth, making it suitable for investors interested in the dynamic mid-cap market. As a key financial instrument, it enables investors to tap into the growth potential of German mid-sized businesses.
About
Address
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL