Relevance of strategy
This ETF represents passive exposure to healthcare related businesses from the global developed markets large/mid cap equities.
Liquidity
The ETF is listed on multiple Europe exchanges in various currencies.
Xtrackers is the branding of the ETF and ETC business from DWS Group, a German-based global asset management company. DWS was originally Deutsche Bank’s asset management business and was spun off via IPO in 2018, though Deutsche Bank still holds majority shares in DWS. DWS manages over 1tn EUR of assets with majority from Germany and EMEA. The Xtrackers products are part of the passive investment solution offerings that comprise 1/3 of the overall assets.
The Xtrackers MSCI World Health Care UCITS ETF is a passive index solution that tracks the MSCI World Health Care Index (Net) using a physical replication approach. The index is a subset of the MSCI World Index and includes the large and mid cap companies from 23 developed markets that are classified in the Health Care sector under the Global Industry Classification Standard (GICS), covering pharmaceuticals, biotechnology, medical devices, healthcare providers and life sciences tools. The ETF has ~130 holdings similar to the index.