Overview
Description
The iShares ATX UCITS ETF is an exchange-traded fund designed to replicate the performance of the Austrian Traded Index (ATX), a stock market index comprising the most significant stocks traded on the Vienna Stock Exchange. This ETF's primary function is to provide investors with exposure to Austria's equity market by tracking the ATX, which represents the broader Austrian economy and includes major industries such as banking, energy, material, and communications. Notable companies within this index typically include large, established Austrian firms like Erste Group Bank, OMV AG, and Voestalpine AG.
The iShares ATX UCITS ETF offers diversification across various sectors in Austria with a single investment, allowing investors to harness potential growth and the economic prosperity of the Austrian market. It plays a significant role in portfolios seeking to enhance geographic diversification while tapping into specific regional markets. As part of the iShares family, this ETF benefits from the trust and expertise of one of the world's largest providers of exchange-traded funds, ensuring both liquidity and transparency for investors seeking regional European exposure.
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