33.25
+0.085(+0.26%)
Currency In EUR
Address
Germany
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 02, 2008
iShares TecDAX® (DE) is an exchange traded fund (ETF) that aims to track the performance of the TecDAX® Index as closely as possible. The ETF invests in physical index securities. The TecDAX® Index offers exposure to the 30 largest and most traded technology companies which are listed on the Prime Standard segment of the Frankfurt Stock Exchange and rank below the DAX® Index in terms of size and turnover. Companies qualify if they are either domiciled in Germany or a minimum of 33% of their stock turnover is traded of the Frankfurt Stock Exchange and they are domiciled in an EU or EFTA country. The index is free float market capitalisation weighted. iShares ETFs are funds managed by BlackRock. They are transparent, cost-efficient, liquid vehicles that trade on stock exchanges like normal securities. iShares ETFs offer flexible and easy access to a wide range of markets and asset classes.