Amundi Mdax UCITS ETF Acc
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The Amundi German Mid-Cap MDAX ETF is designed to mirror the performance of the MDAX Index, which represents medium-sized German companies. To achieve this, the fund holds a diverse portfolio of international stocks and uses financial derivatives called swaps to ensure its returns closely follow the MDAX Index. This approach allows investors to gain exposure to Germany’s mid-cap market by investing in a broadly diversified set of equities that replicate the movements of the underlying German companies.