Deka DAX (ausschüttend) UCITS ETF (DK13)

Deka DAX (ausschüttend) UCITS ETF is a passively managed exchange-traded fund that tracks the performance of the DAX Index, comprising the 40 largest and most liquid German blue-chip companies listed on the Frankfurt Stock Exchange. Its primary purpose is to provide investors with precise replication of the index's price return through full physical replication, holding all constituent stocks in their exact weighting proportions, with a minimum duplication degree of 95%. Launched on June 23, 2008, and domiciled in Germany, the ETF distributes dividends quarterly, reflecting the income from its underlying holdings across diverse sectors such as industrials, financial services, information technology, and telecommunications. Notable features include a low total expense ratio of 0.15% to 0.20% annually, a fund size exceeding 1 billion euros, and no currency hedging, making it fully exposed to euro-denominated German equities. This ETF plays a key role in the European financial markets by offering accessible exposure to Germany's leading enterprises, including top holdings like SAP SE, Siemens AG, and Allianz SE, facilitating broad market participation for long-term capital growth.