Overview
Description
Xtrackers DAX UCITS ETF 1C is an exchange-traded fund launched by Deutsche Asset Management and managed by State Street Global Advisors. Its primary function is to replicate the performance of the DAX Index, which tracks the 40 largest and most liquid German blue-chip companies listed on the Frankfurt Stock Exchange's Prime Standard segment, weighted by free-float adjusted market capitalization. The ETF employs a full physical replication strategy, investing directly in the constituent stocks across diversified sectors, including prominent names like SAP SE, Siemens AG, Allianz SE, Airbus SE, and Deutsche Telekom AG, with a total of around 42 holdings. Domiciled in Luxembourg and launched on January 10, 2007, it features an accumulating distribution policy, reinvesting dividends to enhance share price growth, and maintains a low total expense ratio of 0.09% per annum. With assets under management exceeding €6.8 billion, Xtrackers DAX UCITS ETF 1C plays a significant role in providing investors efficient exposure to Germany's leading equity market, reflecting the performance of its benchmark without currency hedging.
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
Sweden
MIC code
XSTO