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Investment Banking & Investment Services
Financial
ETF
Xtrackers - Stoxx Europe 600 Banks Swap UCITS ETF is an exchange traded fund launched by Deutsche Asset Management S.A. The fund is managed by Deutsche Asset Management (UK) Limited. It invests in public equity markets of Europe. The fund uses derivatives such as swap agreements to invest in the stocks of companies operating in the banking sector. It invests in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the STOXX Europe 600 Banks Index, by employing synthetic replication methodology. It was formerly known as db x-trackers - Stoxx Europe 600 Banks UCITS ETF. Xtrackers - Stoxx Europe 600 Banks Swap UCITS ETF was formed on June 26, 2007 and is domiciled in Luxembourg.
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