Overview
Description
The iShares MDAX UCITS ETF is a type of exchange-traded fund that focuses on tracking the MDAX Index, which comprises 50 German mid-cap companies. By closely mirroring the performance of the MDAX, this ETF provides investors with exposure to a diverse set of industries within the German economy, outside the top-tier DAX companies. It's structured as a UCITS (Undertakings for the Collective Investment in Transferable Securities) compliant fund, which signifies adherence to European Union regulatory standards for investment vehicles. As such, it appeals to investors seeking regional diversification and the opportunity to tap into the growth potential of medium-sized companies in Germany. The iShares MDAX UCITS ETF plays a significant role in the financial market by offering an accessible, cost-effective means of gaining comprehensive exposure to Germany's dynamic mid-cap sector.
About
Address
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Phone
+33 (0) 01 70 91 85 50
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR