Xtrackers MSCI Europe Financials ESG Screened UCITS ETF 1C
ETF
ISIN LU0292103651 / Valor 3067397
NAV (2024-12-31)
EUR 56.11+0.57%
Xtrackers MSCI Europe Financials ESG Screened UCITS ETF 1C
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General Objective
The fund aims to passively track the performance of the STOXX® Europe 600 Banks Index, reflecting the performance of leading banks in Western Europe. The fund is designed to provide investors with exposure to this specific sector.
Fund Exposure
The fund primarily invests in transferable securities and enters into financial contracts (derivatives) with swap counterparties to obtain the return on the index. The fund focuses on shares of leading banks in Western Europe, with a specific weighting methodology to ensure diversification within the index.
Risks
The fund is classified in category 7, indicating a higher risk profile due to potential strong fluctuations in share price. Risks include dependency on derivatives for returns, counterparty risk, conflicts of interest within DWS entities, and exposure to replication costs that may impact returns. Investors should be aware that the value of their investment may fluctuate and could result in losses.