Overview
Description
MTF SAL DAX 30 Mutual Fund is an investment vehicle designed to provide investors with exposure to the German stock market through a diversified portfolio of the top 30 companies listed on the Frankfurt Stock Exchange, represented by the DAX index. Its primary function is to mimic the performance of the DAX 30, offering investors a convenient and cost-effective way to invest in a broad cross-section of the German economy. This mutual fund appeals to investors seeking international diversification, particularly in German equities, without requiring them to select individual stocks. The MTF SAL DAX 30 Mutual Fund typically comprises equities from various sectors, including industrials, consumer services, healthcare, and financials, reflecting the sectoral breadth of Germany's leading companies. As mutual funds pool resources from multiple investors, they allow for greater diversification and professional management, which is particularly beneficial for those wishing to gain exposure to foreign markets efficiently. The fund plays a significant role in providing non-European investors access to one of the largest and most advanced economies in Europe.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Israel
MIC code
XTAE