Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C
ETF
ISIN LU0292100806 / Valor 3067387
NAV (2024-12-31)
EUR 154.06+0.78%
Xtrackers MSCI Europe Materials ESG Screened UCITS ETF 1C
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General Objective
The fund aims to passively reflect the performance of the STOXX® Europe 600 Basic Resources Index, which includes leading companies involved in forestry and paper, industrial metals, and mining in Western Europe.
Fund Exposure
The fund is exposed to companies in the forestry and paper, industrial metals, and mining sectors in Western Europe. It uses financial contracts with swap counterparties to swap subscription proceeds for the return on the index. The largest company in the index cannot exceed 30% and the second largest cannot exceed 15% at each quarterly review date.
Risks
The fund does not directly invest in index components, relying on derivatives instead. There is a risk of loss if swap counterparties fail to make payments. The fund's focus on a narrow range of industries may not reflect broader market performance. Replication costs for the derivatives used may result in losses for the fund and investors. The fund is not guaranteed, and investments are at risk of fluctuation.