The iShares STOXX Europe 600 Financial Services UCITS ETF (DE) is a type of investment fund that is listed on the XETRA stock exchange under the ticker symbol EXH2. This fund is managed by iShares, a well-known provider of exchange-traded funds (ETFs), and can be found on their official website at http://www.iShares.de.
The fund is domiciled in Germany, which means that it is established and regulated according to German law. This provides a certain level of protection and oversight for investors, as German financial regulations are considered to be robust and investor-friendly.
The iShares STOXX Europe 600 Financial Services UCITS ETF (DE) tracks the performance of the Morningstar Global Financial Services Total Market Net Return USD Index. This index provides exposure to a broad range of financial services companies, including banks, insurance companies, and other financial institutions, from across Europe. The index is calculated in USD and is designed to provide a comprehensive and representative picture of the European financial services sector.
As a UCITS-compliant fund, the iShares STOXX Europe 600 Financial Services UCITS ETF (DE) is subject to strict investment rules and guidelines, which are designed to protect investors and ensure that the fund is managed in a transparent and responsible manner. This includes rules around diversification, leverage, and risk management, as well as requirements for regular reporting and disclosure.