DAXEX 📈 iShares Core DAX UCITS - Overview

The iShares Core DAX UCITS ETF (DE) EUR (Acc) CHF (SW:DAXEX) is a German-domiciled exchange-traded fund that provides investors with exposure to the German equity market. It tracks the Morningstar Germany Total Market Index, which is a broad market index that covers approximately 95% of the German equity market. This index is designed to represent the performance of the German stock market, including large, mid, and small-cap companies. The fund's ISIN is DE0005933931, and it is classified as a Germany Equity ETF.

As an ETF, the iShares Core DAX UCITS ETF (DE) EUR (Acc) CHF (SW:DAXEX) offers a cost-effective and efficient way to gain exposure to the German equity market. It is listed on the SIX Swiss Exchange, allowing investors to buy and sell the fund's shares in Swiss francs. The fund's accrual structure means that dividends are reinvested into the fund, providing investors with the potential for long-term growth. With its diversified portfolio and low costs, this ETF can be a useful tool for investors looking to build a core portfolio or gain tactical exposure to the German equity market.

The fund's underlying index, the Morningstar Germany Total Market Index, is a rules-based index that is designed to represent the performance of the German equity market. The index is reviewed and rebalanced on a regular basis to ensure that it remains representative of the market. By tracking this index, the iShares Core DAX UCITS ETF (DE) EUR (Acc) CHF (SW:DAXEX) provides investors with a transparent and systematic way to gain exposure to the German equity market. More information about the fund and its underlying index can be found on the iShares website, which is available at http://www.iShares.de.