Xtrackers MSCI USA Banks UCITS ETF 1D
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General Objective
The fund aims to passively track the performance of the MSCI USA Banks 20/35 Capped Index, which is based on the MSCI USA Index and designed to reflect the performance of large and medium-sized companies representing 85% of the readily available shares in the United States.
Fund Exposure
In order to achieve its objective, the fund is exposed to the banking sector within the United States. The index contains all constituents of the MSCI USA Index that are classified as Banks, with a methodology that limits the size of the largest Bank within the index at 35% and all other Banks at 20%.
Risks
The fund is classified in category 7 on the risk and reward profile scale, indicating a higher risk level due to potential strong fluctuations in share price. Risks associated with the fund include the possibility of not precisely matching the index performance, exposure to market movements in a single country or region, and the use of derivatives which may result in greater fluctuations in the fund's value.