The iShares Nikkei 225 UCITS ETF (DE) is an exchange-traded fund (ETF) that tracks the performance of the Japanese stock market, specifically the Nikkei 225 index. This ETF is listed on the XETRA stock exchange under the ticker symbol EXX7.
The fund is domiciled in Germany, which means it is subject to German regulatory oversight and taxation. This can provide a layer of security and transparency for investors.
The ETF's underlying index is the Morningstar Japan TME NR JPY, which is a widely followed benchmark for the Japanese equity market. This index is designed to provide a comprehensive picture of the Japanese stock market, covering a broad range of sectors and companies.
By investing in this ETF, investors can gain exposure to the Japanese economy and its leading companies, such as Toyota, Honda, and Sony, without having to buy individual stocks. This can be an attractive option for those looking to diversify their portfolios and tap into the growth potential of the Japanese market.
iShares, the ETF's issuer, is a well-established provider of exchange-traded funds with a strong track record of delivering low-cost, liquid, and transparent investment products. You can find more information about the ETF and its issuer on the iShares website at http://www.iShares.de.