EL44 📈 Deka MSCI Japan UCITS - Overview

The Deka MSCI Japan UCITS ETF, listed on XETRA under the ticker EL44, is a German-domiciled exchange-traded fund that provides investors with exposure to the Japanese equity market. It tracks the Morningstar Japan TME NR JPY index, which is designed to capture the performance of large-cap Japanese stocks. This ETF is classified under the Japan Large-Cap Equity category, making it an attractive option for investors seeking to tap into the growth potential of Japan's largest and most established companies.

As an ETF, the Deka MSCI Japan UCITS ETF offers a range of benefits, including diversification, liquidity, and transparency. By tracking a specific index, it allows investors to gain broad exposure to the Japanese market, reducing the risk associated with individual stock picks. The fund's UCITS compliance also ensures that it meets stringent European regulatory standards, providing an additional layer of investor protection. With its listing on XETRA, the ETF is readily accessible to European investors, who can buy and sell shares with ease.

The Morningstar Japan TME NR JPY index, which the ETF tracks, is a rules-based index that aims to capture the performance of Japanese large-cap stocks. The index is denominated in Japanese yen and is designed to provide a comprehensive representation of the Japanese equity market. The ETF's ISIN code, DE000ETFL300, can be used to identify the fund and facilitate trading. For more information on the ETF, investors can visit the company's website at http://www.deka.de, which provides detailed information on the fund's investment objectives, strategies, and performance.