Summary
The DAX Daily Hedged indices are an innovative investment tool that measures the performance of an underlying index while at the same time eliminating foreign currency fluctuations. The indices therefore combine the performance of the underlying DAX index with a hypothetical, rolling investment into one-month foreign exchange forward contracts, with daily adjustment of invested notional and currency exposures. The DAX Daily Hedged indices are designed to serve as a benchmark for actively managed funds and to underlie exchange traded funds and structured products.
Index Guides, Benchmark statement, and other reports are available under the Data tab.