Deka launches MSCI world Ucits ETF

Deka Bank is expanding its offering of exchange-traded index funds with the launch of MSCI World Ucits ETF.

The new fund is fully replicative and is aimed at investors with a global equity investment focus.

The ETF’s underlying MSCI World Index reflects the evolution of currently 1643 individual companies from 23 developed countries.

Explicitly excluded from the investment universe are manufacturers of cluster bombs and landmines.

As of 25 September 2018, the Deka MSCI World Ucits ETF will be tradable on the German Stock Exchange and the Stuttgart Stock Exchange. Dividends are distributed quarterly and the management fee is 0.3% p.a.

ABOUT THE AUTHOR
Ridhima Sharma
Ridhima Sharma speaks German and is DACH Correspondent for InvestmentEurope. She has more than 8 years of experience in the media industry. Before joining us, she was working in India and covering automotive and lifestyle sectors. Over the years many of her stories have been published in various magazines across India.

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