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Investment Banking & Investment Services
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ETF
Xtrackers - Stoxx Europe 600 Utilities Swap UCITS ETF is an exchange traded fund launched by Deutsche Asset Management S.A. The fund is managed by State Street Global Advisors Limited. It invests in the public equity markets of Europe. The fund uses derivatives such as swap agreements to invest in the stocks of companies operating in utilities sector, which include companies involved in electricity, gas distribution, multi utilities, and water. It invests in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of STOXX Europe 600 Utilities Index, by employing synthetic replication methodology. It was formerly known as db x-trackers - Stoxx Europe 600 Utilities UCITS ETF. Xtrackers - Stoxx Europe 600 Utilities Swap UCITS ETF was formed on July 3, 2007 and is domiciled in Luxembourg.
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