HKEX:3015 - Deutsche Bank Luxembourg S.A. - XtrackersNifty 50 Swap UCITS ETF 1C Xtrackers Nifty 50 Swap UCITS
Sector: Miscellaneous, Industry: Investment Trusts/Mutual Funds
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HKD 2,013    +19 (+0.95%)

28 Mar 2024


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General

Headquarters: HK

Description

Xtrackers - Nifty 50 Swap UCITS ETF is an exchange traded fund launched by Deutsche Asset & Wealth Management Investment S.A. The fund is managed by Deutsche Asset Management (UK) Limited. It invests in the public equity markets of India. The fund uses derivatives such as swap agreements to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the CNX Nifty index, by employing synthetic replication methodology. It was formerly known as db x-trackers - NIFTY 50 UCITS ETF. Xtrackers - Nifty 50 Swap UCITS ETF was formed on March 19, 2007 and is domiciled in Luxembourg.

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