DBXD 📈 Xtrackers - DAX UCITS - Overview

The Xtrackers - DAX UCITS ETF is an exchange-traded fund (ETF) that tracks the performance of the German stock market, specifically the DAX index. This ETF is listed on the XETRA stock exchange under the ticker symbol DBXD.

As a UCITS-compliant fund, it adheres to the Undertakings for Collective Investment in Transferable Securities (UCITS) framework, which ensures a high level of investor protection and regulatory oversight. This means that the fund is subject to strict guidelines and regulations, providing investors with added security and transparency.

The fund's domicile is Luxembourg, a well-established hub for investment funds in Europe. This allows the fund to benefit from the country's favorable regulatory environment and tax regime.

The Xtrackers - DAX UCITS ETF aims to replicate the performance of the Morningstar Germany TME NR EUR index, which is a widely followed benchmark for the German stock market. This index is designed to provide a comprehensive representation of the German equity market, covering a broad range of sectors and companies.

By investing in this ETF, investors can gain exposure to the German stock market, which is home to many world-leading companies in industries such as automotive, technology, and healthcare. This can provide a valuable diversification opportunity for investors seeking to expand their portfolios beyond their local markets.

The fund's website can be found at http://www.dws.lu, where investors can access more information on the fund's strategy, performance, and other relevant details.