Overview
Description
The Xtrackers DAX UCITS ETF is an exchange-traded fund designed to track the performance of the DAX Index, one of the major indices in Germany. Its primary function is to provide investors with an efficient and cost-effective way to gain exposure to the largest and most liquid companies listed on the Frankfurt Stock Exchange. The DAX Index comprises 30 top-tier blue-chip firms, offering a representation of various sectors including industrials, healthcare, technology, and consumer goods, thereby reflecting the overall market landscape of Germany's economy.
Notable for its focus on one of Europe's largest economies, the Xtrackers DAX UCITS ETF allows investors to take part in the economic fortunes of well-established German companies. It is particularly significant for investors looking to diversify internationally and to tap into the economic strength of Germany without the complexity of purchasing individual foreign stocks. As a UCITS-compliant fund, it adheres to European regulatory standards, ensuring a level of investor protection and transparency. This ETF is a pivotal tool in the financial markets for achieving geographic diversification and capturing potential growth opportunities within Germany's economic infrastructure.
About
Address
—
Phone
2203-8888
Website
—
Instrument type
ETF
Country
Germany
MIC code
XDUS