EXIC 📈 iShares Core DAX UCITS - Overview

The iShares Core DAX UCITS ETF (DE) EUR (Dist) is a German-domiciled exchange-traded fund, which can be found on the company's website at http://www.iShares.de. This fund is designed to track the performance of the German equity market, providing investors with exposure to the country's largest and most liquid stocks. As an ETF, it offers a diversified portfolio of German equities, allowing investors to gain broad market exposure with a single investment.

With its listing on the XETRA exchange under the ticker EXIC, this ETF provides investors with a convenient and liquid way to invest in the German market. The fund's underlying index, the Morningstar Germany TME NR EUR, is a benchmark that represents the performance of the German equity market. The ETF's ISIN, DE000A2QP331, is a unique identifier that helps investors and financial institutions identify and trade the fund. As a Germany Equity ETF, it falls under the category of European equity funds, which are popular among investors seeking to diversify their portfolios and gain exposure to the European market.

In terms of its investment strategy, the iShares Core DAX UCITS ETF (DE) EUR (Dist) is designed to track the performance of the underlying index, which is composed of German stocks. The fund's portfolio is periodically rebalanced to ensure that it remains aligned with the underlying index, which helps to minimize tracking error and ensure that investors receive the intended market exposure. By investing in this ETF, investors can gain access to a broad range of German stocks, including large-cap, mid-cap, and small-cap companies, which can help to spread risk and increase potential returns.