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Security Profile
- Security Type
- Index ETF
- CUSIP
- 233051663
- Market Cap
- Micro Cap · $4 Million
- IPO
- 6/24/2015
Fund Description: Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF is an exchange-traded index fund or index ETF which is a separate portfolio of the DBX ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the JPX-Nikkei 400 Net Total Return Index. INDEX DESCRIPTION: The JPX-Nikkei 400 Net Total Return Index is designed to track the performance of equity securities of issuers who are primarily listed on the JASDAQ Stock Exchange or the following sections of the Tokyo Stock Exchange (TSE): the first section (for large companies), the second section (for middle-sized companies) and the Mothers (for high-growth and emerging stocks). The Index is comprised of the equity securities of the 400 highest scoring issuers listed on the JASDAQ and TSE, as measured in return on equity, cumulative operating profit and current market value. FUND STRATEGY: The Fund, using a passive or indexing investment approach, attempts to approximate the investment performance of the Index. Representative sampling is an indexing strategy that is used which involves investing in a representative sample of securities that collectively has an investment profile similar to the Index. The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities from Japanese issuers. The Fund will invest at least 80% of its total assets, but typically far more, in instruments that comprise the Index. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that its Index is concentrated. The Index was substantially comprised of issuers in the consumer staples sector which may change over time. FUND MANAGEMENT: DBX Advisors LLC serves as the investment adviser to the Fund. TDAM USA Inc. serves as the sub-advisor to the Fund.
Company Contact
- Headquarters
- 60 Wall Street, New York, NY 10005
- Phone
- 212-250-5883 · Toll-Free 844-851-4255
- Investor Relations
- 844-851-4255 · dbxquestions@list.db.com