Overview
Description
Deka DAXplus Maximum Dividend is an exchange-traded fund (ETF) designed to track the performance of the DAXplus Maximum Dividend Index. This index focuses on companies within Germany that are selected based on their potential for high dividend yields. The primary purpose of this ETF is to provide investors with exposure to these high-dividend-yielding stocks, which are part of the broader German equity market but selected specifically for their dividend attributes.
The Deka DAXplus Maximum Dividend ETF is structured to appeal to investors seeking income generation through dividends, and it serves as a strategic asset for those looking to participate in the German market with a focus on dividend returns. The sectors most impacted by the ETF include traditional sectors like utilities, consumer goods, and pharmaceuticals, where companies often maintain stable dividend policies. This asset is significant in the market for offering a blend of potential income along with the stability associated with established German corporations, which tend to have robust dividend practices as part of their corporate strategies.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Austria
MIC code
XWBO