Xtrackers MSCI World Financials

ETF description

This ETF focuses on investing in companies within the financial sector across various countries. It aims to track the performance of the MSCI World Financials Index, which includes a wide range of financial services firms, such as banks, insurance companies, and asset management firms. By investing in this ETF, individuals gain exposure to the global financial industry, allowing them to participate in the performance of these key players.

Investors who are interested in the financial sector and its potential for growth may find this ETF appealing. It may attract those looking to benefit from developments in banking, insurance, and investment services, which are crucial to the functioning of the economy. The ETF offers a diversified approach, encompassing companies of different sizes and specializations, which helps to spread investment risk.

Issuer details

Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.

Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

Index details

The MSCI World Financials TRN Index aims to reflect the performance of large and mid‑cap companies from global developed markets part of the Financials sector as classified by GICS, weighted by free‑float adjusted market capitalisation and is reviewed on a quarterly basis.