Deka Deutsche Börse EUROGOV® Germany Money Market UCITS ETF
ETF
ISIN DE000ETFL227 / Valor 10056628
NAV (2024-12-30)
EUR 70.23-0.01%
Deka Deutsche Börse EUROGOV® Germany Money Market UCITS ETF
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General Objective
The fund aims to accurately track the performance of the Deutsche Börse EUROGOV® Germany Money Market (Price Index). The fund invests in up to 15 German government bonds with a remaining maturity of two to twelve months, providing exposure to short-term fixed income securities.
Fund Exposure
This fund is primarily exposed to German government bonds with short-term maturities, aiming to replicate the performance of the Deutsche Börse EUROGOV® Germany Money Market (Price Index). The full replication strategy ensures that the fund closely mirrors the index composition, with the flexibility to deviate from the index if necessary.
Risks
Investing in the fund carries the risk of fluctuations in the value of the investment, as the fund is subject to market volatility. Investors may experience a loss of their capital, as the fund does not guarantee returns. Additionally, the fund's liquidity and stable net asset value are maintained without external support, and the management company may suspend redemptions in exceptional circumstances to protect investor interests.