LSE:XDGM - Xtrackers (IE) Plc - Xtrackers Germany Mittelstand & MidCap UCITS ETF 1D Xtrackers (IE) Plc - Xtrackers
Sector: Unknown, Industry: Unknown
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GBX 29.89    -0.37 (-1.22%)

20 Dec 2021


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Description

The aim is for the investment to track the performance of the Solactive Mittelstand & MidCap Deutschland Index, which aims to provide exposure to the shares of German companies with a primary listing on Xetra, a German trading system. The companies in the Index are medium sized German companies and are selected on the basis of the combined value of all their readily available shares as compared to other companies. The 100 largest companies by free float market capitalisation are ranked in descending order so that the company with the greatest free float market capitalisation is ranked 1 { {st}} and only those ranked from 31 to 100 are included. A company?s Index weight depends on its relative size and will be increased if the company's current management or its founders hold more than 5% of that company. The Index excludes companies from the banking, insurance and diversified financials (i.e. financial services, consumer finance and capital markets) sectors and is calculated in Euro.

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