XDDA 📈 Xtrackers DAX UCITS 1D EUR - Overview

The Xtrackers DAX UCITS ETF 1D EUR, listed on XETRA under the ticker XDDA, is a financial instrument designed to track the performance of the German equity market. It is issued by DWS, a well-established financial institution with its website available at http://www.dws.lu. The fund is domiciled in Luxembourg, which is a common location for European investment funds due to its favorable regulatory environment and tax efficiency.

This ETF is specifically categorized under Germany Equity, indicating its focus on tracking the performance of stocks listed in Germany. The underlying index it tracks is the Morningstar Germany TME NR EUR, which is designed to provide a broad representation of the German stock market. The fund's ISIN, or International Securities Identification Number, is LU1349386927, a unique code used to identify the security. As an exchange-traded fund (ETF), it offers investors the ability to buy and sell shares throughout the trading day, providing flexibility and liquidity.

The Xtrackers DAX UCITS ETF 1D EUR is classified as a UCITS (Undertakings for the Collective Investment in Transferable Securities) compliant fund. This means it adheres to a set of strict regulatory requirements that aim to protect investors and ensure the fund operates in a transparent and fair manner. By tracking the Morningstar Germany TME NR EUR index, the fund aims to replicate the performance of this benchmark, minus fees and expenses. This makes it an attractive option for investors looking to gain exposure to the German equity market in a straightforward and cost-effective way.