Overview
Description
The Invesco MDAX UCITS ETF is an exchange-traded fund designed to replicate the performance of the MDAX® Index, which encompasses 50 mid-cap German companies listed on the Prime Standard segment of the Frankfurt Stock Exchange. This ETF utilizes a physical replication strategy by selectively sampling a basket of the index’s most representative constituents. It features an accumulating distribution policy, meaning any dividends generated by the underlying holdings are reinvested to enhance total returns, rather than distributed to shareholders. With a competitive total expense ratio of 0.19% per annum and assets under management exceeding 1.4 billion euros, the fund offers broad exposure to a diverse set of sectors within Germany’s economy, making it a significant vehicle for those seeking to follow the performance of the German mid-cap segment. Key portfolio companies include GEA Group AG, Scout24 SE, and Deutsche Lufthansa AG, reflecting the ETF’s diversified industrial and services focus. Launched in 2019 and domiciled in Ireland, the Invesco MDAX UCITS ETF serves as a notable tool for investors aiming to access mid-sized German enterprises through a single, regulated vehicle.
About
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON