Overview
Description
The X Euro Stoxx Dividend 1D Fund is an exchange-traded fund (ETF) that primarily focuses on providing exposure to a diversified portfolio of European stocks known for generating dividends. Its primary function is to facilitate access to the Eurozone's equity market while emphasizing income generation through dividends, appealing to investors interested in regular income streams. The fund tracks the performance of the Euro Stoxx 50, a leading benchmark index representing major blue-chip companies in the Eurozone.
Notable features of the X Euro Stoxx Dividend 1D Fund include its liquidity and cost-effectiveness compared to traditional mutual funds, allowing investors to buy and sell shares on the stock exchange like a common stock. The industries impacted by this fund span across key economic sectors in Europe, including financials, healthcare, energy, and consumer goods, ensuring a broad representation of the Eurozone's economic landscape.
In the financial market, the X Euro Stoxx Dividend 1D Fund plays a critical role for institutional and retail investors looking to diversify their portfolios internationally while benefiting from the stability and potential growth of established European dividend-paying companies.
About
Address
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Phone
2203-8888
Website
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Instrument type
ETF
Country
Germany
MIC code
XETR