Overview
Description
Xtrackers MSCI Korea UCITS ETF 1C is an exchange-traded fund that provides investors with targeted exposure to the South Korean equity market. Launched on July 5, 2007, and domiciled in Luxembourg, the ETF is managed by State Street Global Advisors Limited under the Xtrackers brand by Deutsche Asset Management. It aims to replicate the performance of the MSCI Korea 20/35 Custom Index or MSCI Total Return Net Korea Index by holding a portfolio of approximately 82 stocks from large-cap and mid-cap companies across diversified sectors in Korea. Key holdings include prominent firms like Samsung Electronics, SK hynix, and financial groups such as KB Financial and Shinhan Financial, with the top 10 comprising over 61% of assets. As an accumulating ETF with a total expense ratio of 0.45% p.a., it reinvests dividends rather than distributing them, and remains unhedged against currency risk with USD as the fund currency. With assets under management around 129 million euros, it serves as a key vehicle for accessing Korea's dynamic market, which features leaders in technology, semiconductors, automotive, and financial services.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
2203-8888
Website
Instrument type
ETF
Country
Austria
MIC code
XWBO