The iShares STOXX Europe 600 Insurance UCITS ETF (DE) is an exchange-traded fund (ETF) that tracks the performance of the European insurance sector. Listed on the XETRA stock exchange under the ticker symbol EXH5, this fund is domiciled in Germany.
As an UCITS-compliant ETF, it adheres to the Undertakings for Collective Investment in Transferable Securities (UCITS) framework, ensuring a high level of investor protection and regulatory oversight. This provides investors with added confidence in the fund's operations and management.
The ETF's underlying index is the Morningstar Global Financial Services Total Market Net Return USD Index. This index is designed to capture the performance of the global financial services sector, with a focus on insurance companies. By tracking this index, the ETF provides investors with diversified exposure to the European insurance industry, allowing them to tap into the growth potential of this sector.
As part of the iShares family of ETFs, this fund is managed by BlackRock, a leading global asset manager. With a strong track record of managing ETFs, BlackRock brings its expertise and resources to the management of this fund, aiming to deliver consistent performance and efficient tracking of the underlying index.
Investors in the iShares STOXX Europe 600 Insurance UCITS ETF (DE) can access the fund's information and resources through the iShares website, available at http://www.iShares.de.