SMIEX 📈 iShares SLI UCITS (DE) - Overview

The iShares SLI UCITS ETF (DE) (SW:SMIEX) is a Germany-domiciled exchange-traded fund that tracks the performance of the Swiss equity market. It's managed by iShares, a well-established player in the ETF space, with a website available at http://www.iShares.de for more information. This fund is designed to provide investors with exposure to the Swiss market, offering a diversified portfolio of stocks listed on the SIX Swiss Exchange.

With an ISIN code of DE0005933964, this ETF is classified as a Switzerland Equity fund, focusing on the country's largest and most liquid stocks. The Morningstar Switzerland TME NR CHF index serves as its underlying benchmark, which is a free-float market capitalization-weighted index comprising the most liquid and largest stocks in the Swiss market. By tracking this index, the iShares SLI UCITS ETF (DE) (SW:SMIEX) aims to replicate the performance of the Swiss equity market, providing investors with a cost-effective and efficient way to gain exposure to this market.

As an ETF, the iShares SLI UCITS ETF (DE) (SW:SMIEX) offers a range of benefits, including transparency, liquidity, and flexibility. It allows investors to buy and sell units throughout the trading day, providing real-time pricing and the ability to quickly respond to market movements. Additionally, ETFs are often more cost-effective compared to actively managed funds, as they typically have lower fees and operating expenses. This makes the iShares SLI UCITS ETF (DE) (SW:SMIEX) an attractive option for investors seeking to diversify their portfolios and gain exposure to the Swiss equity market.