Description

The Deka MDAX UCITS ETF is a mutual investment fund, fully compliant with UCITS IV standards. Its objective is to closely track the performance of the MDAX Index, a benchmark index. This index is composed of 50 medium-sized German public companies, as well as foreign corporations with their legal base in the EU or EFTA, or principal operations in Germany. These included companies are ranked by market capitalization below the 40 firms in the DAX. To qualify for the MDAX, a company must be listed on the regulated market of the Frankfurt Stock Exchange (FWB).