Overview
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Description
The iShares Global Consumer Staples ETF is an exchange-traded fund designed to provide investors with exposure to leading companies in the global consumer staples sector. Its primary function is to track the performance of the S&P Global 1200 Consumer Staples Sector Index, encompassing multinational businesses engaged in producing and distributing essential goods, such as food, beverages, household products, and personal care items. The fund includes well-known brands across developed and emerging markets, typically companies like Procter & Gamble, Coca-Cola, and Nestlé, recognized for stable revenues due to consistent demand for their products regardless of the economic cycle.
The ETF is structured to offer diversified, cost-effective access to a defensive segment of the equity market, appealing to those seeking potential stability and relatively lower volatility compared to cyclical sectors. Management of the fund is handled by BlackRock, one of the world's largest asset managers, ensuring adherence to index methodology and efficient portfolio operations. Due to its composition, the iShares Global Consumer Staples ETF plays a significant role in portfolio diversification and risk management for investors looking to participate in the sustained global demand for non-discretionary consumer products.
About
Address
—
Phone
02 9272 2200
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX